Is the punjab Kings team selling 11.5% shares..!?

The punjab Kings team has been playing in the IPL since its inception in 2008. In 17 seasons so far, it has advanced to the finals once and the playoffs once. No matter how many captains and coaches are changed, there is no change in the performance of the punjab Kings team. However, Preity Zinda has been actively supporting the activities of the punjab team every time. Over the past few years, the punjab team has grown in popularity and fan base. In this situation, the punjab Kings team is actively preparing for the mega auction. At this stage, the punjab team is caught in a new problem.
The punjab team has a total of 4 owners namely Preity Zinda, Ness Wadia, Mohit Burman, and karan Paul. While Preity Zinda and Ness Wadia both hold 23 percent shares each, Mohit Burman holds 48 percent shares. karan Paul holds the remaining 6 percent stake. It has been reported that they are trying to sell 11.5 percent of the 48 percent shares held by Mohit Burman. Against this, a petition has been filed in the punjab High court on behalf of Preity Zinda's Dream cricket Private Limited. The petition demanded that Mohit Burman should not sell the shares of the punjab team. When Mohit Burman asked about this, he said that there was no plan to sell the shares in his hands. The 11.5 percent stake in the punjab team is said to be worth Rs 540 crore to Rs 600 crore. Due to this, it is certain that there has been a difference of opinion among the owners of the punjab Kings team. The question of how the team will deal with this has also arisen among the fans. Due to this, confusion has arisen among the fans that there will be some problems in the punjab team.
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Punjab Kings Team

Sowmiya Sriram

17/08/2024 01:13 PM