{"id":383363,"date":"2026-05-06T10:00:37","date_gmt":"2026-05-06T04:30:37","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=383363"},"modified":"2026-05-06T10:18:30","modified_gmt":"2026-05-06T04:48:30","slug":"cam-advises-rajasthan-royals-ipl-acquisition-1-6-billion","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/05\/06\/cam-advises-rajasthan-royals-ipl-acquisition-1-6-billion\/","title":{"rendered":"Cyril Amarchand Mangaldas advised the Buyer Consortium on the acquisition of the IPL franchise Rajasthan Royals, for USD 1.6 Billion"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Cyril Amarchand Mangaldas (&#8220;<span style=\"font-weight: bold;\">CAM<\/span>&#8221;) advised the Buyer Consortium on the acquisition of the IPL franchise Rajasthan Royals, for USD ~1.6 Billion.<\/p>\n<p style=\"margin-bottom: 3%;\">CAM also advised Adar Poonawalla on the formation of the Buyer Consortium, with the Mittal family.<\/p>\n<p style=\"margin-bottom: 3%;\">The Mauritius-based holding company being acquired presently holds interests in three professional cricket franchises: the Rajasthan Royals (IPL, India), the Paarl Royals (SA20, South Africa) and the Barbados Royals (CPL, Caribbean).<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team comprised of <span style=\"font-weight: bold;\">Iqbal Khan<\/span>, <span style=\"font-style: italic;\">Lead Partner;<\/span> <span style=\"font-weight: bold;\">Ashid Basheer<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> with the assistance from <span style=\"font-weight: bold;\">Subbalaxmi S<\/span>, <span style=\"font-style: italic;\">Principal Associate;<\/span> <span style=\"font-weight: bold;\">Shefali Murthy<\/span>, <span style=\"font-style: italic;\">Senior Associate;<\/span> <span style=\"font-weight: bold;\">Gunjan Singh, Raviraj Zinzuvadia, Mallika Bhaskar<\/span>, and<span style=\"font-weight: bold;\"> Khushi Jaffar<\/span>, <span style=\"font-style: italic;\">Associates<\/span>.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Swati Sharma<\/span>, <span style=\"font-style: italic;\">Partner (Head &#8211; Intellectual Property);<\/span> with support from <span style=\"font-weight: bold;\">Andri Shukla<\/span>, <span style=\"font-style: italic;\">Senior Associate;<\/span> advised on intellectual property aspects of the transaction.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Ankoosh K Mehta<\/span>, <span style=\"font-style: italic;\">Partner (Co-Head &#8212; White Collar &amp; Investigation);<\/span> with the support from <span style=\"font-weight: bold;\">Sarah Navodia<\/span>, <span style=\"font-style: italic;\">Principal Associate;<\/span> advised on disputes aspects of the transaction.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">The transaction also involved structuring the consortium led by Adar Poonawalla and includes ownership interests in global T20 franchises across India, South Africa, and the Caribbean.<\/p>\n","protected":false},"author":67011,"featured_media":383367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[103730,103733,30960,103734,103729,103728,103735,103732,103736,103731],"class_list":["post-383363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-adar-poonawalla-consortium","tag-cam-advisory-ipl-deal","tag-cyril-amarchand-mangaldas","tag-global-cricket-franchise-acquisition","tag-ipl-franchise-deal-2026","tag-rajasthan-royals-acquisition","tag-sa20-cpl-ipl-ownership","tag-sports-franchise-ma-india","tag-sports-investment-india","tag-usd-1-6-billion-sports-deal"],"yoast_head":"<!-- This site is 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