Corporate Valuations’ Post

𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐁𝐮𝐲 𝐁𝐚𝐜𝐤 𝐨𝐟 𝐬𝐡𝐚𝐫𝐞𝐬 𝐛𝐲 𝐚𝐧 𝐈𝐧𝐝𝐢𝐚𝐧 𝐄𝐧𝐭𝐢𝐭𝐲 𝐟𝐫𝐨𝐦 𝐟𝐨𝐫𝐞𝐢𝐠𝐧 𝐬𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 : 𝐌𝐚𝐬𝐭𝐞𝐫 𝐃𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐧 𝐅𝐃𝐈 What is the Transaction? Determining the 𝐅𝐚𝐢𝐫 𝐩𝐫𝐢𝐜𝐞 for 𝐁𝐮𝐲 𝐁𝐚𝐜𝐤 𝐨𝐟 𝐬𝐡𝐚𝐫𝐞𝐬 𝐛𝐲 𝐚𝐧 𝐈𝐧𝐝𝐢𝐚𝐧 𝐄𝐧𝐭𝐢𝐭𝐲 𝐟𝐫𝐨𝐦 𝐟𝐨𝐫𝐞𝐢𝐠𝐧 𝐬𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬. What is the Governing Provision for the Transaction? The governing Section for 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐚𝐢𝐫 𝐏𝐫𝐢𝐜𝐞 𝐟𝐨𝐫 𝐁𝐮𝐲 𝐁𝐚𝐜𝐤 𝐨𝐟 𝐬𝐡𝐚𝐫𝐞𝐬 𝐛𝐲 𝐚𝐧 𝐈𝐧𝐝𝐢𝐚𝐧 𝐄𝐧𝐭𝐢𝐭𝐲 𝐟𝐫𝐨𝐦 𝐟𝐨𝐫𝐞𝐢𝐠𝐧 𝐬𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 is 𝐌𝐚𝐬𝐭𝐞𝐫 𝐃𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐧 𝐅𝐃𝐈.   What is the Trigger Point for the Transaction? Trigger Point for the transaction is  𝐀𝐭 𝐭𝐡𝐞 𝐭𝐢𝐦𝐞 𝐨𝐟 𝐁𝐮𝐲𝐛𝐚𝐜𝐤.    Who does it? 𝐂𝐡𝐚𝐫𝐭𝐞𝐫𝐞𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭, 𝐒𝐄𝐁𝐈-𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐌𝐞𝐫𝐜𝐡𝐚𝐧𝐭 𝐁𝐚𝐧𝐤𝐞𝐫 𝐨𝐫 𝐂𝐨𝐬𝐭 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭. 𝐅𝐨𝐥𝐥𝐨𝐰 Corporate Valuations 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐬𝐮𝐜𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 #Valuation #Buyback #Shares #FDI #FairPrice #ForeignInvestment #CharteredAccountant #MerchantBanker #CostAccountant #SEBI #RBIRegulations #CorporateGovernance #Compliance #IndianCompanies #ForeignShareholders #MasterDirections #TransactionValuation

Comment on SEBI Insider Trading Rules Now Apply to Mutual Fund Units from Nov 1 by Makarand M Joshi Founder MMJC and associates a corporate compliance firm https://lnkd.in/dcuPRnJp #SEBI #MutualFund #MutualFunds #Regulations #CapitalMarkets #UPSI #FinancialTransparency #Investment #MarketIntegrity #Compliance #Transparency #FinancialServices #MarketRegulation #InvestorProtection #ShadowBanks #Trading #MutualFundUnits #PriceSensitiveInformation #FinancialMarket #InvestmentRegulation #MarketReform #FinancialCompliance #TransparencyInFinance #InvestmentStrategies #FinancialNews #CapitalMarketReforms #IndianMarkets #StockMarket #FinanceCommunity #InvestmentAwareness #MarketUpdates #ExpertViews Makarand Joshi MMJC #Investmentguruindia #Finance 

SECURITIES FINANCE The headline terms for a securities transaction we concluded recently 📈 Points to note: - the custody stayed with the investment manager - the trustee warranted not to sell down the investments without the prior consent of the lender - the documentation consisted of a facility agreement and a simple Jersey SIA #securitiesfinance #securitiesbasedlending #sbl #investments #listedsecurities #portfolioleverage

𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐨𝐟 𝐬𝐡𝐚𝐫𝐞𝐬 𝐢𝐧 𝐚𝐧 𝐮𝐧𝐥𝐢𝐬𝐭𝐞𝐝 𝐜𝐨𝐦𝐩𝐚𝐧𝐲: 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟓𝟔(𝟐)(𝐱) 𝐑𝐮𝐥𝐞 𝟏𝟏𝐔𝐀. What is the Transaction? 𝐃𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 of shares when 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐬𝐡𝐚𝐫𝐞𝐬 𝐢𝐧 𝐚𝐧 𝐮𝐧𝐥𝐢𝐬𝐭𝐞𝐝 𝐜𝐨𝐦𝐩𝐚𝐧𝐲. What is the Governing Provision for the Transaction? The governing Section for determining the transfer of share in an unlisted company is 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟓𝟔(𝟐)(𝐱), 𝐑𝐮𝐥𝐞 𝟏𝟏𝐔𝐀 𝐨𝐟 𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 𝐀𝐜𝐭, 𝟏𝟗𝟔𝟏.   What is the Trigger Point for the Transaction? At the time of 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐨𝐟 𝐬𝐡𝐚𝐫𝐞𝐬 𝐢𝐧 𝐚𝐧 𝐮𝐧𝐥𝐢𝐬𝐭𝐞𝐝 𝐜𝐨𝐦𝐩𝐚𝐧𝐲. Who does it? 𝐒𝐄𝐁𝐈-𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐂𝐚𝐭-1 𝐌𝐞𝐫𝐜𝐡𝐚𝐧𝐭 𝐁𝐚𝐧𝐤𝐞𝐫. 𝐅𝐨𝐥𝐥𝐨𝐰 Corporate Valuations 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐬𝐮𝐜𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 #UnlistedShares #ShareTransfer #IncomeTaxAct #Section56 #Rule11UA #ShareValuation #MerchantBanker #SEBI #CorporateCompliance #Valuation #TaxValuation

A career in fixed income trading can be rewarding for individuals who enjoy the challenges of financial markets, have a strong analytical mindset, and thrive in fast-paced and dynamic environments. #IBCA #FixedIncomeTrading #MiddleMarket #InvestmentBanking

What is the regulatory outlook for RMBS as we move past the election into 2025? I look forward discussing those and other topics at the Structured Finance Association Symposium next week.

MLPs: What is a Master Limited Partnership? 4 Key Risks Master Limited Partnerships, or MLPs, are a unique investment vehicle that combines the tax benefits of a partnership with the liquidity of publicly traded securities. These structures are primarily used in capital-intensive industries like energy and natural resources, offering investors the opportunity to invest in businesses that generate steady cash flows. https://lnkd.in/g9g2f7dt #mlp #finra #bhseclaw #investorprotection

Beware of financial instruments giving access to the share capital When purchasing a French simplified stock corporation (#SAS), purchasers shall pay particular attention to different types of securities, convertible bonds or loans which may give access to the capital. There exist various types of securities, for example securities granted to company managers (#BSA, #BSPCE, …) which give them the right to subscribe shares. Such rights are often triggered by a change of control. Some of these securities cannot be transferred to the purchaser. Another group of rights may exist in favour of financing parties in the form of convertible bonds or loans. Even if exercised, one issue to be considered is that cash not really needed could be trapped within the target company. The existence and conditions attached to these instruments have to be checked carefully in the due diligence process. Their impact on the M&A transaction shall be taken into account in the agreements within the different parties involved. #France #Mergersandacquisitions

Sunil Shah, Group CEO & Director, Khambatta Securities Limited on challenges that SMEs encounter when they want to list themselves. Tune in to the entire conversation at https://lnkd.in/dRgpSKtS #microcap #smallcapstocks #investing #investor #investingtips #smallcap #investments #assetmanagementcompany #portfoliomanagement #pms

Private Credit funds have been gaining traction as more and more corporates are resorting to such funds and investors finding them lucrative due to factors including dedicated in-house teams with regional touch points, efficient risk management, innovative deal structuring, etc. In this final instalment of the two-part series by Dipen Ruparelia, CA, CFA, our Head of Product, and Riddhi Chakraborty, Manager (Products), explore the different segments in the Private Credit space, the benefits that it offers to investors, and much more. Read Part 1 - https://lnkd.in/dPBm-MAz #onwardsandupwards #performingcredit #privatecredit #creditfund #investment #aif #journey #financialservices #capitalmarket #structuredfinance #alternativeinvestment #fintech #assets #creditsolutions #capitals #vivritiassetmanagement