Takeover

Planning to Acquire Control of a Listed Company?

 

We provide end to end advisory and Manager to the Offer services for takeovers and open offers of listed companies under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. An open offer arises when an acquirer crosses the prescribed shareholding threshold or acquires control of a listed company, giving public shareholders an opportunity to exit at a fair price. We support acquirers through transaction structuring, due diligence, offer price determination, preparation and filing of the Public Announcement, Detailed Public Statement, Draft Letter of Offer and Letter of Offer, coordination with SEBI, stock exchanges and the Registrar, opening of escrow and special accounts, management of the tendering period and settlement, and submission of the Post Offer Report. Our objective is a compliant, timely and smoothly executed takeover, tailored to each acquirer’s strategic and ownership goals.