Hyderabad, June 4 -- In a joint statement, the Royal Challengers Bengaluru (RCB) and the Karnataka State Cricket Association (KSCA) expressed deep concern and heartfelt condolences over the tragic stampede that claimed the life of at least 10 people during the team's IPL win celebrations at the Chinnaswamy stadium on Wednesday, June 4.

"We sincerely regret this tragedy and stand in solidarity with the bereaved families during this extremely difficult time," read the statement.

The RCB and KSCA announced Rs 5 lakh for the kin of the victims killed in the stampede. "We want to emphasise that this compensation is not intended to determine or replace the value of human life, but rather to serve as a gesture of support and solidarity during ...