The Ahmedabad-Tirtter Group has successfully acquired 67% of the majority of the majority of the IPL Franchise Gujarat Titans from CVC Capital Partners. The acquisition was completed before the Indian Premier League (IPL) 2025 and was approved by the Cricket Board of Cricket (BCCI) in India.
The Titans were the Titans, one of the two new teams introduced to the IPL after the CVC capital partners have obtained franchise through the process of biding $ 5,625 million in 2021. The team performed effectively during their first season. He won the title in 2022 under the leadership of Hardik Pandya.
BCCI approved 67% of the Torrent Group in Gujarat Titans from CVC
The Cricket Board of India has approved the transfer of Gujarat Titans to the Ahmedabad-Torte Group by Irlyia Sports India Private Limited (CVC Capital), owned by the majority of the Titans. The Torrent Group now has a 67% share in the Gujarat franchise, while the CVC capital is 33% remaining.
According to the Cricket Bazz report, the Torrent Group, with the total assessment of the Gujarat Titans, made a share of $ 5,035 million. According to the franchise agreement, the BCCI will receive 5% of the team owned by the team.
“It is understood that the sales have been completed on the enterprise value of Rs 75 75 crore, meaning that the Torrent bought the PERCENT 67 per cent of the percentile in Rs 5035 crore.
Shubman Gill leads Ahmedabad-based franchise in IPL 2025
The CVC Capital bought Gujarat Titans in Rs 625 crore in 3, and the value of franchise has increased by 89897 CRoree crores in three years – this increase has increased by about 34%. After winning the debut season, he re -entered the final in 223, but defeated Chennai Super Kings in the match affected by the rain.
Before the 224 season, Hardik Pandya returned to Mumbai Indians and Shubman Gill was appointed as a new captain of the Titans. However, the team struggled and finished eighth with five wins and lost in the playoffs.
The IPL will continue the leadership of the Shubman Gill team during the 2025 season. The Torrent Group initially announced the acquisition of 67% share in the franchise on February 12, but the agreement received a formal approval from the BCCI, which has now been approved.
The acquisition is now successfully completed – the Torrent Group
The Torrent Group confirms the successful end of the acquisition of the Titans. In a statement announced by the Torrent Group, Gujarat Titans have already achieved significant success despite the youngest franchise in IPL history.
“With the fulfillment of these terms, the acquisition is now successfully completed,” said the Torrent Group (as per the Times of India cited).
The Torrent Group announced, “One of the youngest and successful franchisees in the IPL history will now benefit Titans in making a broader expert in creating and managing a large number of businesses,” the Torrent Group announced. “Focusing on team operations, investment and commercial growth, the acquisition determines the exciting future for the franchise.”
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