We are pleased to invite you to a webinar on the RBI’s draft Foreign Investment Rules, based on our recent piece discussing the impact of the Draft Rules on foreign investors, funds and Indian investee companies and providing comments to the regulator (available here).
Key Considerations
Indirect Foreign investment now looks upward and sideways; group aggregation introduced with presumptive control above 10%
Pricing now bites even on non-resident to non-resident transfers; floor and ceiling replaced by a single price — death knell for ratchets and value adjustments?
Offshore private credit finally gets its collateral: pledge conditions removed
Sub-10% in an unlisted company is also now FPI - SEBI registration deleted. Will FPI in unlisted companies get exemptions from sectoral conditionalities?
FVCI and investment vehicle routes: missing. Oversight, or move to radical streamlining?
India-managed AIFs with offshore LPs could wake up foreign-owned? Intended?
"Equity" is now whatever your accountant says it is; Put options lose the one-year lock-in
Breach of foreign investment rules? Foreign investor liable too, not just investee company
Speakers
Shivam Yadav
Senior Associate, Resolüt Partners
Shivam’s practice focuses on cross-border corporate transactions which involves private credit, structured finance, and private equity. He has represented asset management funds, sovereign wealth funds,...
Shivam’s practice focuses on cross-border corporate transactions which involves private credit, structured finance, and private equity. He has represented asset management funds, sovereign wealth funds, sponsors, and investors on a wide breadth of corporate and regulatory deal-related issues, including corporate governance, corporate finance, and securities, primarily in the infrastructure and technology sectors. Shivam also advises investors and funds on aspects related to ESG, security enforcement, and employment.
Prashant Khurana
Counsel, Resolüt Partners
Prashant’s practice areas span M&A, private equity, structured finance with particular emphasis on real assets. Prashant has advised a diverse array of sophisticated global players including leading pension...
Prashant’s practice areas span M&A, private equity, structured finance with particular emphasis on real assets. Prashant has advised a diverse array of sophisticated global players including leading pension funds, private equity funds, sovereign wealth funds, and strategic investors across asset classes. Clients and colleagues have recognized Prashant for his ability to cut through deal complexity, identify the pressure points, and deliver solutions that are both legally rigorous and commercially workable - a combination that has made him a trusted advisor. Prior to joining Resolut, Prashant most recently worked at AZB & Partners and Trilegal.