KXIP is surprised and saddened by the recent action of the BCCI. KXIP has been a loyal franchisee since the inception of the IPL, at a time when there was no guarantee or visibility of the leagues’ success.

In the recent past, KXIP has fully cooperated with all Government and regulatory authorities as well as the BCCI in assisting them with their questions. KXIP re iterates that the company has followed all terms and conditions and has not violated any agreement.

KXIP strongly believes that this decision is unfair and not in the collaborative spirit which the IPL has operated in. KXIP hopes that the BCCI will engage in a productive dialogue to resolve all misunderstandings.

KXIP has today received the formal communication from the BCCI which is now being studied by our legal team. We look forward to presenting the facts and answering any misunderstandings that the BCCI may have.