Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 29 2010

Kings XI Punjab to sell 93 pc stakes of IPL franchise

Owners of Kings XI Punjab, a franchised team of the Indian Premier League (IPL) has sought the permission from BCCI to sell its 93 per cent stakes to London-based private equities firm, ISIS.

Kings XI Punjab to sell 93 pc stakes of IPL franchise

Owners of Kings XI Punjab, a franchised team of the Indian Premier League (IPL) has sought the permission from BCCI to sell its 93 per cent stakes to London-based private equities firm, ISIS. The consortium is owned by Preity Zinta, Ness Wadia, the Burman brothers Gaurav and Mohit, Karan Paul, and Aditya Khanna.

Earlier, the names of Malaysian energy giant Petronas and Indian electronics company Videocon have also been associated with the selling of the stakes of Kings XI Punjab but nothing has progressed beyond speculation. However, it is said that Preity Zinta will continue her association with IPL by keeping seven per cent stakes with her.

However, the franchise owners have to wait for the final approval from the governing council of IPL for selling the stakes.

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ksrao@corporatefokus.com 09, Dec 2012
Investment range is not mentioned. Kindly let us know the business and revenue plan before we talk.
cgs@myself.com 15, Jan 2013
pl contact with more details on cost ROI location etc a mail reply should be fine.
rechercheonline@gmail.com 26, Jan 2013
Would be interested to open one ! Kindly contact me
sunilbatra@hotmail.com 26, Jan 2013
yes,we are join the chain
pawan.cbz@gmail.com 29, Jan 2013
plz clear all the details regarding investment , revenue process to get and many more.
abhilasha.patil15@gmail.com 01, Oct 2013
pls give me details regarding investment, revenue process, paper work etc
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