The event will take place on February 12 and 13 and last two days.
In case of a draw or no result, both teams will be awarded 1 point.
Rohit Sharma, Jasprit Bumrah, Kieron Pollard are set to be retained by Mumbai Indians — chances of Ishan Kishan being retained is high for his wicketkeeper cum aggressive opening batsman role.
Also Read All-rounder Shahrukh Khan, meanwhile, went to the Punjab Kings for Rs 9 crore.