United Spirits shares to react after ₹16,600 crore RCB deal windfall

• United Spirits completed the sale of its IPL franchise Royal Challengers Bengaluru (RCB) for ₹16,600 crore ($1.78 billion).
• The bid was won by a consortium led by Aditya Birla Group, Brookfield, Times Internet, and Bolt Ventures.
• RCB's valuation is nearly 17% of United Spirits' current market capitalization of ₹1 lakh crore.
• For FY2025, RCB reported revenue of ₹504 crore and EBITDA of ₹186 crore; H1 FY2026 saw ₹478 crore revenue and ₹225 crore EBITDA.
• Street will track net proceeds after tax and potential shareholder distribution; a 100% payout could mean ₹199 per share dividend.