Story ProgressBack to home
Hero Honda denies buying King's XI Punjab
Hero Honda, an associate sponsor of the IPL, on Wednesday denied the reports of buying out IPL team Kings XI Punjab.
New Delhi:
Hero Honda, an associate sponsor of the IPL, on Wednesday denied the reports of buying out IPL team Kings XI Punjab.
Earlier, there were reports the IPL's Punjab outfit, owned by actor Preity Zinta, Bombay Dyeing's Ness Wadia, Dabur's Mohit Burman and Karan Paul of the Apeejay Surendera Group, had been bought by Heron Honda for $260 million.
Rebuffing such reports, it said in an official statement, "The current media reports about Hero Honda buying stake in Kings XI Punjab are completely baseless and untrue. We have not had any discussion in this regard either".
It also said that their association with IPL as an associate sponsor of IPL and the main team sponsor of Delhi Daredevils team remains unchanged.
Earlier, there were reports the IPL's Punjab outfit, owned by actor Preity Zinta, Bombay Dyeing's Ness Wadia, Dabur's Mohit Burman and Karan Paul of the Apeejay Surendera Group, had been bought by Heron Honda for $260 million.
Rebuffing such reports, it said in an official statement, "The current media reports about Hero Honda buying stake in Kings XI Punjab are completely baseless and untrue. We have not had any discussion in this regard either".
It also said that their association with IPL as an associate sponsor of IPL and the main team sponsor of Delhi Daredevils team remains unchanged.
Featured Video Of The Day
IPL 2026 | Delhi Capitals Wins By 6 Wickets Against Mumbai Indians: Redemption For Sameer Rizvi
Topics mentioned in this article
Cricket
Sourav Ganguly
Mumbai Indians
Kings XI Punjab
Get the Latest Cricket, Football Updates, Check FIFA World Cup 2026, Womens T20 World Cup 2026, News FIFA World Cup Schedule , and Women's T20 World Cup Results at NDTV Sports. Like Us On Facebook Or Follow Us On Twitter For More Sports Updates. You Can Also Download The NDTV Cricket App For Android Or iOS.