United Spirits Limited (USL) has initiated a strategic review of its investment in Royal Challengers Sports Private Limited (RCSPL), its wholly-owned subsidiary, which owns the Royal Challengers Bengaluru (RCB) franchise. The review aims to assess the long-term value and strategic fit of RCSPL within USL’s portfolio. The process is expected to be completed by March 31, 2026.
Strategic Review of RCB
United Spirits Limited (“USL”) is undertaking a strategic review concerning its investment in Royal Challengers Sports Private Limited (RCSPL). RCSPL’s primary asset is the ownership of the “Royal Challengers Bengaluru (RCB)” franchise. RCB participates in the Men’s Indian Premier League (IPL) and Women’s Premier League (WPL) cricket tournaments, both hosted annually by the Board of Control for Cricket in India (BCCI).
Timeline and Objectives
The company anticipates that the strategic review process will be concluded by March 31st, 2026.
Management Commentary
Praveen Someshwar, Managing Director & CEO of United Spirits Ltd, stated: “RCSPL has been a valuable and strategic asset for USL, however it’s non-core to our alcobev business. This step reinforces USL’s & Diageo’s commitment to continue reviewing its India enterprise portfolio to enable sustained delivery of long-term value to all its stakeholders, while keeping RCSPL’s best interest in mind”.
Source: BSE
