DDCA took to Twitter to announce the same: "Kotla to be renamed as Arun Jaitley Stadium. The renaming of Delhi's famous cricket venue as Arun Jaitley Stadium will take place on September 12 at a function where a Stand of the ground will be named after India captain Virat Kohli."
Later in the day, DDCA president clarified that the stadium has been named as Arun Jaitley Stadium, however the ground will continue to be called the Feroz Shah Kotla.
Earlier, in a letter to the Delhi Lt. Governor Anil Baijal, BJP MP and former India opener Gautam Gambhir had on Monday said the Yamuna Sports Complex should be renamed after Jaitley for his contribution to nation building and for his love for cricket.
"May he remain in our hearts forever. As a mark of respect to our beloved leader, I hereby propose to rename 'Yamuna Sports Complex' as 'Arun Jaitley Sports Complex," Gambhir had said in a tweet, while posting a copy of his letter to the Lt. Governor.
Former Union Minister Jaitley passed away on August 24 after prolonged illness. BCCI administrators as well as cricketers took to social media to condole the demise. In fact, the Indian team had also worn black armbands as a mark of respect for Jaitley during the third day's play of the first Test between India and West Indies.
All this in the presence of Union Home Minister Amit Shah, Railways and Commerce Minister Piyush Goyal, Sports Minister Kiren Rijiju and a host of BCCI officials -— both past and present.
Held at the Weightlifting Hall of the Jawaharlal Nehru Stadium, the occasion saw the Indian team in attendance as their skipper was duly honoured for his contribution to the game. The DDCA Annual Honours 2019 also saw promising cricketers from Delhi being honoured with mementoes for their performances.
The show started with a dance performance before DDCA President Rajat Sharma took over the stage as he welcomed everyone and showered laurels on not just Jaitley and Kohli, but also Shah. He spoke on how former Finance Minister Jaitley played a pivotal role in making Delhi cricket what it is today.
He also revealed how DDCA has decided to start two academies where poor kids will be trained for free. The Commonwealth Games Village and Pitampura will be the venues for the two academies. The DDCA President added that former Delhi stars would contribute in the effort without charging a penny.
The rechristening of the stadium was done by Shah, Rajat Sharma, Rijiju and the family members of Jaitley with an audio visual clip being played in the background. Shah presented the Jaitley family with a memento to honour the occasion.
After that it was all about King Kohli as Rajat Sharma, Shah and the India skipper took the stage as the new pavilion was unveiled.
Speaking on the occasion, Kohli spoke of how special the evening was and how it was double joy as the stadium was also named in honour of Jaitley on the same evening. Kohli also thanked his family and his childhood coach Rajkumar Sharma for his contributions over the years.
"When I left home today, I told my family one anecdote. I remember getting a ticket to watch a game in 2001 at the stadium and asking for autographs from the players. So to have a pavilion in my name at the same stadium today is surreal and a great honour," Kohli revealed.
The whole team was felicitated after this by Shah and Rijiju following which the players posed for a group photograph.
In the DDCA Annual Honours, Dhruv Shorey, Navdeep Saini, Jonty Sidhu and Tejas Baroka were the top award getters, among others.
Speaking on the occasion, former India skipper Kapil Dev said: "Wonderful to have a stand in the name of Virat. And whatever DDCA does for Arun Jaitley is not enough given his contribution."
Former India player Ajay Jadeja said that it was a truly deserved gift for Kohli. "Virat is a special player and he deserves this kind of a recognition. To be actively playing and getting a stand in his name is a great feeling," he said.
Former DDCA Vice President and India opener Chetan Chauhan spoke about his long association with Jaitley.
"Arun Jaitleyji was DDCA President for 14 years and I was the Vice President. He was our friend, guide. Whenever we needed direction, he would help us. The biggest help he did was to rebuild the Kotla stadium. So it's befitting to name it in his honour," he said.
"Thank you DDCA and BCCI for bestowing this honour upon me. The pavilion will remind me of my journey in life and in cricket but most importantly I hope it will serve as an inspiration for the next generation of young cricketers of our nation," said Kohli posting images from Thursday's event held at the Jawaharlal Nehru Stadium.
The Feroz Shah Kotla Stadium was also rechristened after the former Finance Minister, who passed away in August. Jaitley was closely associated with Delhi cricket scene and had been at the helm of the Delhi and District Cricket Association for over a decade.
Held at the Weightlifting Hall of the JLN Stadium, the occasion saw the Indian team in attendance as their skipper was duly honoured for his contribution to the game.
The rechristening of the stadium was done by Home Minister Amit Shah, DDCA President Rajat Sharma, Sports Minister Kiren Rijiju and the family members of Jaitley with an audio visual clip being played in the background.
India will next face South Africa in three T20Is and as many Tests beginning Sunday.