Chennai Super Kings Cricket Limited is a public limited company that administers cricket franchises. The company was incorporated on 19 December 2014. The name itself was derived from its first and flagship franchise Chennai Super Kings (CSK), which plays in the Indian Premier League (IPL).
7-651: As of 2023, the major share holders include India Cements Shareholders Trust (30%), Saradha Logistics (6.9%) and Life Insurance Corporation of India (6%). The company took over the ownership of CSK in 2014. It also owns the teams Joburg Super Kings in SA20 and Texas Super Kings in Major League Cricket . In 2008, Indian Premier League , a franchise based T20 tournament was launched by Board of Control for Cricket in India (BCCI). Chennai Super Kings (CSK)
14-548: A capacity of 15.6 million tonnes per annum. Sankar Cement , Coramandel Cement and Raasi Gold are the brands owned by India Cements. India Cements directly owned the Indian Premier League franchise Chennai Super Kings from 2008. It then transferred ownership to a separate entity named Chennai Super Kings Cricket Ltd., after the Supreme Court of India struck down the controversial amendment to
21-516: A petition which challenged the amendment and cited conflict of interest . Chennai Super Kings Cricket Limited was incorporated on 19 December 2014. To avoid complications arising out of the conflict of interest case, the ownership of CSK was transferred to the new company. The amendment to the BCCI clause was later voided by the Supreme Court of India in 2016. Chennai Super Kings Cricket Limited
28-853: Is a cement manufacturing company based in Chennai . It is the 9th largest listed cement company in India by revenue. The company is headed by former International Cricket Council chairman and Board of Control for Cricket in India president N. Srinivasan . It was established in 1946 by S. N. N. Sankaralinga Iyer and the first plant was set up at Thalaiyuthu in Tamil Nadu in 1949. It has seven integrated cement plants in Tamil Nadu, Telangana and Andhra Pradesh , one in Rajasthan (through its subsidiary, Trinetra Cement Ltd) and two grinding units, one each in Tamil Nadu and Maharashtra with
35-441: Is incorporated as a public limited company . The name itself was derived from its first and flagship franchise CSK. As of 2023, the major share holders include India Cements Shareholders Trust (30%), Saradha Logistics (6.9%) and Life Insurance Corporation of India (6%). The company took over the ownership of CSK in 2014. As of 2024, the company owns the following franchises: India Cements The India Cements Limited
42-810: The BCCI constitution's clause 6.2.4 that had allowed board officials to have commercial interests in the IPL and the Champions League T20 on 22 January 2015. India Cements is also alleged to have made controversial investments in Jagati Publications and Bharati Cements owned by Y. S. Jaganmohan Reddy . In July 2024, UltraTech_Cement acquired a majority stake in India cements. However, there will be no change in ownership of Chennai Super Kings as it has been functioning as an independent entity. This article about an Indian company
49-400: Was acquired by India Cements , a company owned by N.Srinivasan , then president of BCCI. The BCCI had an existing clause in its regulations which prohibited administrators of BCCI from holding commercial interests in the matches conducted by the board. This was modified to enable the ownership of franchises in the IPL by members linked to the BCCI. In 2014, the Supreme Court of India admitted
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