Trilegal Advised Mittal-Poonawalla Consortium On USD 1.65 Billion Acquisition Of Rajasthan Royals IPL Franchise

Trilegal advised Mittal-Poonawalla consortium on USD 1.65 billion acquisition of Rajasthan Royals IPL franchise

The leading full-service Indian law firm, Trilegal is advising the Lakshmi Mittal family in the Mittal-Poonawalla consortium’s proposed acquisition of a majority stake in the Rajasthan Royals IPL franchise. The transaction is valued at approximately USD 1.65 billion, with the consortium expected to acquire around a 75% stake in the franchise. The Mittal family is the lead member of the consortium.

The Trilegal deal team is led by Nishant Parikh (Partner), Arnav Dayal (Partner), and Mitali Halbe (Partner), with support from Niharika Choudhary (Counsel) and Archit Gupta (Counsel), Averal Sibal (Senior Associate), Soham Munshi (Senior Associate), Akshaya Kapoor (Associate), Akshat Kabra (Associate), and Aryan Grover (Associate).

The Direct Tax team is led by Komal Dani (Partner), supported by Ketki Redkar (Senior Associate) and Shyam Mangukiya (Associate). The Indirect Tax team is led by Himanshu S. Sinha (Partner) with support from Samyak Jain (Counsel) and Ishabh Verma (Senior Associate).

The Intellectual Property team is led by Kirti Balasubramanian (Partner) with Rhythm Vijayvargiya (Associate). The Disputes team is led by Mohit Rohatgi (Partner) with Samriddhi Shukla (Senior Associate) and Anuj A. (Senior Associate).

The White-Collar Crime team is led by Kunal Gupta (Partner), supported by Shrishma Dandekar (Counsel), Juhi Bahl (Senior Manager), Chandan Dhand (Senior Consultant), and Gauri Shukla (Senior Associate).

The Competition team is led by Aparna Mehra (Partner) with Krithika Ramesh (Counsel), Ishaan Chakrabarti (Senior Associate), and Sarthak Mishra (Senior Associate). The TMT team is led by Jishnu Sanyal (Partner) with Janak Pradhan (Senior Associate) and Bevan Pinto (Associate). The Labour & Employment team is led by Parvathy Tharamel (Partner) with M Koshy Mathen (Associate) and Shreya Sharma (Associate).

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