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acquisitionAnnounced · May 4, 2026SportsSource · Community DiscussionsArticle · Factual
Mittal Family acquires Rajasthan Royals
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$1.65B
Target
Rajasthan Royals
Mumbai, Maharashtra
Acquirer
Mittal Family
Financial Stake
Status
Pending
Mittal Family agreed to acquire Rajasthan Royals. Reported deal value: $1.65B. Status: Pending. Sector: Sports. Target headquarters context: Mumbai, Maharashtra, India.
This page summarizes publicly available information about the transaction as of 2026-05-04. Figures and status may change as filings and press coverage update.
Share Mumbai : In a landmark development in the global sports and entertainment landscape, the Mittal Family has announced the acquisition of a majority stake in the Rajasthan Royals , one of the founding franchises of the Indian Premier League , in partnership with Adar Poonawalla
Deal timeline
Announced
May 4, 2026 · medianews4u.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Sports with a reported deal value of $1.65B. Figures and status may change as sources update.
Sources: medianews4u.com · Primary article · FireStrike proprietary index