United Spirits Limited (USL) has announced that it is considering a strategic review of its investment in Royal Challengers Sports Private Limited (RCSPL), according to a regulatory filing by the company. USL announced that the process is expected to conclude by March 31, 2026.

According to media reports, Serum Institute of India CEO Adar Poonawalla has been in talks with Diageo Plc regarding a potential acquisition of RCB.

Strategic asset

Praveen Someshwar, Managing Director & CEO, United Spirits Ltd, said in a statement, “RCSPL has been a valuable and strategic asset for USL; however, it’s non-core to our alcoholic beverage 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

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