Mergers & Acquisitions Conclave (Mumbai)

With the arrival of GST in India and the economy is going to witness a rapid acceleration in growth and banks are also flush with funds. These all situations make the inorganic route of growth a favourable option for Indian companies and they shall be more open to acquisitions. The first quarter of 2017 has witnessed a host of M&A Deals and the sentiments are further improving with participation coming from big Indian companies Godrej, Bharti, Mahindra, Tata Steel, Wipro, Flipkart and a few large Pharma companies. Also in the times of overcapacity inorganic growth makes good sense over organic growth. In the outbound acquisition space, data o shows that the average deal size has decreased over a decade’s time special and the industry is less likely to witness any large ticket outbound acquisition.

One clear picture which is emerging in Indian context today is M&As is stressed assets. Indian promoters are clearly shifting their focus from control to being small shareholders in larger companies. However, there are a lot of stringent regulations which make the M&A process difficult and lengthy for companies. In addition to it, Indian promoters face a lot of funding restrictions from formal debt sector for acquisition financing.

M&A is a core strategy and requires huge level of due diligence and planning for execution. And if not done with proper due diligence, deals often create permanent and irreversible damage to involved companies and hence it should be meticulously calculated, planned and implemented. To attain to that objective CorpKonnect presents a full day Mergers and Acquisitions Masterclass which will highlight various areasof M&A Deal making process starting from Regulatory approvals, to structuring the deal, drafting the investment agreements and tax structing of the deal to avoid future disputes with various tax administration.

Benefits of the Masterclass:

  • Understand the regulatory framework of M&A in India
  • Learn on the approval process for M&A from various authorities
  • Understand the crucial aspects on an M&A Deal Negotiation
  • Learn on the effective drafting of terms sheets and Definitive Agreements
  • Learn the detailed process of M&A Deal closing and structuring an investment
  • Understand the Tax issues of M&A Deal making and tax structuring to avoid future tax disputes

Who Should Attend:

  • Promoters, CEOs, Board Members, Senior Executives
  • CFOs, Finance Directors, GM – Finance
  • Corporate Development Officers, Heads of M&A
  • Transactional Lawyers
  • Investment Bankers
  • PE and VC Funds, Banks

Technical Session 1: M&A Regulations & Approvals

  • Companies Act 2013 Requirements
  • Revised SEBI Regulations
  • FEMA Guidelines
  • Takeover Code Guidelines
  • Court Process

Technical Session 2: Drafting of M&A Investment Agreements

  • Term Sheets
  • Subscription Agreements
  • Shareholder Agreements
  • Key legal issues
  • Enforceability
  • Legal provisions of Demerger and Slump Sales

Key Areas of an effective M&A Deal Negotiation 


Technical Session 3: Key Areas of M&A Structuring with Practical Examples

M&A Objectives and Process

  • Structuring the deal
  • Due Diligence
  • Financial Structuring
  • Deal Valuation
  • Deal Funding
  • Acquisition vehicle
  • Post-closing organization
  • Form of payment
  • Risk Assessments


Technical Session 4: 
Tax Structuring of M&A Investments

  • Taxation of Capital Gains
  • Tax of Transfer of Shares
  • Taxation of Indirect Transfers
  • Tax Impact from Pricing Perspective
  • Withholding Tax Requirements
  • NOC under Sec 281 of Income Tax Act 1961
Yashojit Mitra
Partner
Cyril Amarchand Mangaldas

Yashojit Mitra is a partner at Cyril Amarchand Mangaldas’, Mumbai office. He has over 13 years of experience in managing mergers, acquisitions, foreign investments and private equity transactions. He regularly advises international and local clients on inbound investments into India and outbound investments from India. He also has experience rendering advisory services to clients in connection with legal issues pertaining to company law, securities laws, exchange control laws and other related enactments.

After graduating from St. Xavier’s College, Calcutta, he earned his law degree from the University of Pune, where he was a gold medallist and ranked first. Yashojit has successfully taken the Qualified Lawyers Transfer Test and is admitted to practice in the courts of India, England and Wales. He has been named as a recommended lawyer by ‘Legal 500’ for transactions relating to investment funds.

Yashojit has acted on a number of landmark transactions, including advising the Adani group in their joint venture with CMA CGM, for managing and operating a container terminal in Mundra Port. He has also recently advised Bradken Limited, a global mineral processing company, in their recent acquisition of a foundry unit in Coimbatore, Tamil Nadu from L&T Limited. He also regularly advises leading solar power companies in their various acquisitions in India.


Raja Lahiri
Partner - Transaction Advsiory Services
Grant Thornton India LLP

Nitesh Mehta
Partner - Transaction Tax
BDO India LLP

Nitesh is the Transaction Tax Partner with BDO India. Nitesh specialises in advising corporate and Private Equity clients on corporate restructuring including mergers and acquisitions

Nitesh has advised and executed assignments on corporate mergers/demergers, internal capital re-organizations, balance sheet right-sizing, minority buy-out, setting up tax efficient structures for domestic and cross-border acquisition/investment/divestment, due diligence reviews, etc.


Prem Rajani
Managing Partner
Rajani Associates

Hotel Goldfinch
Plot No. 34/21, Central Road, MIDC, Andheri East, Mumbai
022 6688 0909
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Registration Fees: INR  8,500 + 18% GST Per Delegate

Avail 10% early bird discount on 2 or more registrations till 8th Sep 2017


Note: The fees would include Course Material, Participation Certificate and Lunch & Refreshments at the Hotel


Modes of Payment and Registration:

Online Registrations through Credit/Debit Card : Click Here

For Offline registration through Cheque/DD/ and NEFT: Please contact the below mentioned:


Biplab SenGupta
Mob No: 8130826342
Email: training@corpkonnect.com