United Spirits Limited has informed the Exchange about amended and restated share purchase agreement in relation to sale of Royal Challengers Sports Private Limited
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United Spirits Limited has disclosed an amended and restated share purchase agreement dated May 11, 2026 for the sale of its wholly owned subsidiary Royal Challengers Sports Private Limited. The original agreement was signed on March 24, 2026. This amendment records changes in the purchaser consortium: Big Banyan Holdings Pte. Ltd, Times Cricket LLP, and ICQ Opportunities RC Holdco Ltd have been added as new purchasers, while Aelius Investments Pte Ltd and Metropolitan Media Company Limited have retired from the deal. The transaction involves 14,690 equity shares of RCSPL with an aggregate consideration of INR 166.6 billion. The company clarified that the underlying deal structure, shares being sold, and total consideration remain unchanged.
This is a routine administrative amendment updating the legal entities in the purchaser consortium. The deal is proceeding as planned with no change to the INR 166.6 billion valuation or the assets being sold. Shareholders should note this does not affect the deal's completion or value.