As a SEBI registered Category-1 Merchant Banker, GYR Capital provides fairness opinions on valuation reports prepared by independent registered valuers, offering shareholders, boards and regulators added assurance that a proposed transaction is fair. A fairness opinion is generally required for schemes of merger, demerger and amalgamation involving listed companies, where the valuation or share exchange ratio must be independently reviewed before approvals are granted. Our team examines the valuer’s methodology, key assumptions and financial projections, and assesses the reasonableness of the resulting share entitlement ratio. We then issue a report stating whether the valuation is fair to the shareholders concerned. With an objective, compliance focused approach, we aim to deliver clear, well-reasoned and timely opinions that facilitate approvals from the stock exchanges, SEBI and other authorities.