India: Financial Restructuring

In recent years, corporate India has witnessed an increasing number of amalgamations, group consolidations, and share-swap mergers driven by restructuring, capital efficiency, and regulatory considerations. Such transactions are often designed on the assumption that share-for-share exchanges are tax neutral, particularly where no cash changes hands.

Pre-IPO reorganisation work does not end with forensic RPT analysis and valuation-backed restructuring.

The Reserve Bank of India recently introduced the Master Directions – Reserve Bank of India (Credit Information Reporting) Directions, 2025, subtly restructuring the legal architecture governing India's credit information ecosystem.