Deccan Chargers reveals details of ownership

New Delhi, April 15, 2010

As the controversy over the composition of the consortium that won the franchise for the Indian Premier League (IPL) Kochi team continued to rage, another team, the Deccan Chargers, today made a filing to the Bombay Stock Exchange, giving details about it ownership.

The filing by Deccan Chronicle Holdings Ltd said the franchisee, Deccan Chargers, was owned by Deccan Chargers Sporting Ventures Limited, a 100 per cent wholly owned subsidiary of Deccan Chronicle Holdings Limited.

According to the filing, the Board of Directors of Deccan Chargers Sporting Ventures Limited has Mr V Shankar as its Chairman and Mr T. Venkattram Reddy, Mr P.K. Iyer, Mr N Krishnan, Mr M. Sukumar Reddy and Mr G. Kumar as Directors.

NNN

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