India’s domestic Merger & Acquisitions (M&A) activity grew to US$105.6 billion in 2022, a rise of 190%. Riding on the back of FDI inflows, encouraging lending and aggressive corporate expansion strategies, India has witnessed strong M&A activity in the past decade.
Additionally, pragmatic reforms such as the National Company Law Tribunal (NCLT) and facilitative fast track merger processes have provided an impetus to the M&A landscape in the country. That said, the regulations governing M&A activities of Indian companies are dependent on the private/ public, listed/ unlisted and non-resident/ resident status of the companies involved. And the regulatory ecosystem that oversees M&A activity in India comprises of Companies Act, 2013, Securities law, Merger control law and several other associated law and duties.
At Kasturi Associates, we recognize the importance of eliminating hurdles and lay emphasis on due diligence, followed by commercial terms negotiations, transaction structuring, agreement drafting, implementing legal closing and project managing the entire process.