Hardik Pandya has brought his second stint with Mumbai Indians to an end after completing a blockbuster trade to Punjab Kings ahead of the November 17 IPL retention deadline. In a significant player exchange, Mumbai Indians have secured the services of Indian left-arm pacer Arshdeep Singh, who leaves Punjab Kings after an eight-season association with the franchise.
Pandya will join Punjab Kings at a revised fee of ₹18 crore, while Arshdeep Singh will move to the five-time IPL champions at his existing fee of ₹18 crore. The trade marks the end of an important chapter for Pandya at Mumbai Indians, where he won four IPL titles and eventually returned to lead the side.
Mumbai Indians owner Akash Ambani expressed his appreciation for Pandya’s contributions, highlighting the all-rounder’s growth and impact on the franchise. Pandya had been retained by Mumbai for approximately ₹16.5 crore before the trade was finalised.
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“Hardik has shared some very special moments with Mumbai Indians. We have seen him grow as a cricketer, make his mark on the world stage and then return to lead the team. His contribution, his energy and the competitive spirit he brings to the field have been valuable to Mumbai Indians. I have great respect for him, both as a cricketer and as a person, and wish him nothing but the very best for everything that lies ahead,” Akash Ambani said in a franchise statement on Wednesday, November 11.
Pandya’s second spell as Mumbai Indians captain produced mixed results. Since taking charge in 2024, he led the team in 39 matches, recording 15 victories and 24 defeats. Mumbai finished at the bottom of the points table in 2024, reached the playoffs in 2025 and endured another disappointing campaign in 2026, finishing ninth after winning only four of their 14 matches.
Akash Ambani, the Mumbai Indians owner, on Hardik Pandya and Arshdeep Singh 👇 https://t.co/zobO3l06zY
— Cricbuzz (@cricbuzz) November 11, 2026
Meanwhile, Akash Ambani welcomed Arshdeep Singh to the Mumbai Indians family, describing his arrival as an important addition to the team’s bowling resources.
“Arshdeep’s arrival adds an exciting dimension to our bowling attack. We are always looking to build a team with the right balance of experience, skill and hunger to compete and Arshdeep brings all of these qualities. We welcome him along with the MI Paltan as he takes the field in Blue and Gold,” Akash Ambani added.
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Arshdeep’s departure brings his eight-year association with Punjab Kings to a close. Since making his IPL debut in 2019, the left-arm pacer has established himself as one of the franchise’s most dependable bowlers. He leaves as Punjab’s leading wicket-taker, with 111 scalps from 96 matches. Arshdeep picked up 21 wickets in the 2025 season and followed it with another 14 in 2026. The trade gives both franchises a major change in their squad composition ahead of the upcoming IPL season.
