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Torrent Group is reportedly set to acquire a majority stake in IPL franchise Gujarat Titans (GT) ahead of the 2025 season.
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Gujarat Titans are set to experience an ownership shakeup, with Torrent Group acquiring 66 per cent of the franchise.
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Healthcare and energy conglomerate Torrent Group on Wednesday announced acquisition of a majority stake in IPL franchisee, Gujarat Titans for an undisclosed sum, marking the Ahmedabad-based firm’s ...
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Gujarat Titans came into existence when the Ahmedabad franchise was bought by CVC Capital Partners for ₹5,625 crore in 2021.
Torrent Group has acquired a 67% stake in IPL franchise Gujarat Titans, marking its entry into the sports sector. The acquisition is subject to approvals and CVC will retain a 33% stake.
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