<h1>Majority stake acquisition in sports franchise subject to regulatory approvals and minority retention under existing commercial framework.</h1> Torrent Investments Private Limited has entered a definitive agreement to acquire a majority stake of 67 per cent in Gujarat Titans from Irelia Company Pte Ltd, with Irelia retaining 33 per cent; the transaction is subject to customary closing conditions and regulatory approvals, including the consent of the cricket governing body, and sits within the IPL's central revenue-pool and franchise-fee commercial framework.