Clarification7 Oct 2026, 10:30 pm
RPSG Ventures Denies LSG Stake Divestment Rumors
AI Summary
RPSG Ventures Limited has issued a clarification denying media reports about a proposed divestment of 15-20% stake in the Lucknow Super Giants (LSG). The company stated that there is no current proposal, plan, or decision to divest any stake in LSG. Furthermore, RPSG Ventures confirmed that no banker has been appointed for any such transaction. The company reiterated its commitment to adhering to SEBI regulations and will disclose any material developments as required by law.
Key Highlights
- RPSG Ventures denies any plan to divest stake in Lucknow Super Giants.
- No banker has been appointed for any proposed LSG stake sale.
- Company reaffirms commitment to regulatory compliance.
- No material development requiring disclosure at this time.
Price Impact
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