India’s securities markets are witnessing historic levels of economic activity owing to the implementation of game-changing business-friendly reforms in the past few years. India’s capital markets are both a beneficiary of this positive investor sentiment and are also proving to be fertile ground in the creation of new market leaders. Industry experts are confident of this continued momentum and estimate market capitalisation of Indian equities to hit $6.1 trillion by 2027, up from $2.3 trillion in 2017 (‘Asia’s Financial Acceleration – Moving Centre Stage’, Morgan Stanley 2018) .
The securities law practice of Lakshmikumaran & Sridharan is an integral part of the organisation. Our experienced professionals in securities law practice, which comprise seasoned corporate and dispute resolution lawyers, chartered accountants, former investment bankers and senior bureaucrats are adept at advising and executing the following:
Transactional Services: Steering strategic corporate transactions of listed companies in India such as mergers and acquisition (M&A), public takeovers, private equity investments in listed entities, offer for sale on stock exchanges, corporate restructuring (buy back, reduction of share capital, delisting, relisting, mergers and demergers), setting up ESOP schemes of listed entities in India. This involves transaction structuring, conducting legal due diligence, drafting transaction documents, driving open offer process, co-ordination with SEBI, Stock Exchanges and other market intermediaries.
Securities Law Advisory to Listed Companies & MSME’s : Regulatory advice and assistance to Listed Companies and MSME’s in resolving of complex securities and financial issues arising in relation to various SEBI regulations such as the LODR, ICDR, Takeover Code, Prohibition of Insider Trading Regulations and Listing Regulations (including corporate governance related issues) etc.
Audit Services to Listed Companies& MSME’s : Audit on Indian listed companies and MSME’s for verifying compliance with various SEBI regulations particularly the Listing Regulation, Takeover Code and the Prohibition of Insider Trading Regulations.
Services to Market Intermediaries : Advice to market intermediaries/investors like mutual funds, foreign institutional investors (FIIs), stock brokers, merchant bankers, portfolio managers, depository participants etc. in the area of regulatory compliances that is prescribed by SEBI and Stock Exchanges, incorporation and setting up of various intermediaries, drafting of operating contracts etc.; and
Dispute Resolution Services: In addition to advisory and transactional services, Legal assistance is provided in representing the clients before the investigating authorities/adjudicating officer and disciplinary action committees of SEBI and Stock Exchanges, the Securities Appellate Tribunal, NCLT, High Court, NCLAT and the Supreme Court.