IT sector is on the cusp of growth, driven by necessity in Automation, Digitalization, Cloud Computing, Security Surveillance, Data analytics and so on. This in turn brings a large opportunity for a niche software...
SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Earlier there were two separate regulations, SEBI (Share Based Employee Benefits) Regulations, 2014 and SEBI (Issue of Sweat Equity Regulations), 2002 which provide a framework for issuance of employee share-based...
Separation of NON-Core Assets a faster way for Divestment of Core Business
“Government has no business to be in business” those words said by Hon’ble Prime Minister Shri. Narendra Modi clears the intention of Indian government of creating enabling environment for the smooth running of...
Lakshmi Machine Works Limited creates SPV for Advance Technology Business for Aviation
The Indian Aerospace Industry is growing significantly with the rising activities from both the defence and civil aviation sector. According to IBEF, the Indian aerospace & defence (A&D) market is projected to...
Usha Martin – Journey back to Root by Slump sale of Steel Business followed by Reduction of Capital to sustain profitable growth
Usha Martin Limited (“Usha Martin”) started with niche Wire & Wire Ropes (“WWR”) business. To create more value, did backward integration by starting a special steel business & mining operation. Commercially it...
Simpson & Co. – Consolidation of shares & Reduction of fractional shares
Simpson and Company Limited (“Company”) is a subsidiary of Amalgamations Private Limited. Company is engaged in the business of manufacturing electrical equipment, general and special purpose machineries, transport...
DHAMPUR SUGAR LTD – Now have a twin through demerger scheme followed by share swap
Dhampur Sugar Mills Limited (DSML) is one of the leading sugar manufacturers in India with nearly nine decades of experience. Its operations are integrated, encompassing crushing of cane, refining of raw sugar, ethanol...
PharmEasy: Not Keeping itself Easy?
With the massive success of new age start-ups, India is set to witness bold acquisitions by start-ups. In April 2021, Byju’s announced the acquisition of multi-decade old Aakash Educational Services Limited. In the...
New SEBI Delisting Regulations Paves Way for A Fairer Method For All Stakeholders
The Securities Exchange Board of India (‘SEBI’) has issued the SEBI (Delisting of Equity Shares) Regulations, 2021 (New Delisting Regulations) on June 11, 2021, superseding the erstwhile SEBI (Delisting of Equity...
Shareholders Boarding Jet without Engine?
The National Company Law Tribunal (NCLT) has cleared the Kalrock-Jalan plan (Resolution Applicant or RA) to revive Jet Airways Limited (Jet). The tribunal order comes exactly two years after the start of the insolvency...
Supreme Court links Section 29A of IBC and Section 230 of the Companies Act, 2013
Section 29 A of the Insolvency and Bankruptcy Code, 2016 (“IBC”) lists the person who are not eligible to be “Resolution Applicant” and Section 230 of the Companies Act, 2013 deals with the compromise or arrangement...
Tips Industries unlocking values for its shareholders by demerging its Film Division
Tips Industries Limited (TIL) is a listed public limited company and it is engaged in the business of Production and Distribution of Motion pictures ("Film Division") and acquisition and exploitation of Music Rights...