Former IPL Chairman Lalit Modi on Monday had fueled the speculations after he posted the news on Instagram saying that the owners have finally decided to sell it. (Source: PTI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

There have been multiple news reports on the stake sale of Indian Premier League (IPL) team Royal Challengers Bangalore (RCB). However, United Spirits Ltd., the current owner of the franchise on Tuesday refused to comment on the "market speculation". "The company would not like to comment as it does not respond to market speculation," the company said in an exchange filing on Tuesday.

Former IPL Chairman Lalit Modi on Monday had fueled the speculations after he posted the news on Instagram saying that the owners have finally decided to sell it. Modi w

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