SF Prep Notes

CCI approves acquisition of 100% of Royal Challengers Sports (RCB) by a consortium

The Competition Commission of India on 1 July 2026 approved the acquisition of 100% shareholding of Royal Challengers Sports Pvt Ltd by a consortium including Big Banyan Holdings, Bolt IPL Holdings, Times Internet, Times Cricket, ICQ Opportunities and Asia Investment Topco II.

Summary

The Competition Commission of India (CCI) approved on 1 July 2026 the acquisition of 100% shareholding of Royal Challengers Sports Private Limited (RCB) by a consortium comprising Big Banyan Holdings, Bolt IPL Holdings, Times Internet, Times Cricket, ICQ Opportunities RC Holdco, Asia Investment Topco II and other investors with funding arrangements with some of the acquirers.

Key facts

Regulator
Competition Commission of India
Target
Royal Challengers Sports Pvt Ltd (RCB), 100%
Acquirers
Big Banyan Holdings, Bolt IPL Holdings, Times Internet, Times Cricket, ICQ Opportunities RC Holdco, Asia Investment Topco II and others

Practice MCQs 1 questions

Q1

In July 2026 the Competition Commission of India approved the acquisition of 100% shareholding of which company by a consortium including Big Banyan Holdings and Times Internet?

Show answer

Correct answer: C — Royal Challengers Sports Pvt Ltd

The CCI approved the acquisition of 100% shareholding of Royal Challengers Sports Private Limited (RCB).

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