Syllabus

Course Code: FM-305    Course Name: Specialisation-A: FINANCE - Corporate Restructuring & Control

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 Corporate restructuring: Need, scope and modes of restructuring, emerging trends and global scenario.
Mergers and Amalgamations: Concept, need, legal and procedural aspects of mergers and acquisition in India. SEBI guidelines.
Takeovers and Corporate Control: Types of takeovers and legal aspects - SEBI takeover regulations. Procedural, economic, financial, accounting and taxation considerations.
Valuation of Shares and Business, Corporate Demergers/Splits. Difference between demerger and reconstruction; Modes of demerger – by agreement, under scheme of arrangement, by voluntary winding up; tax aspects, tax reliefs, Indian scenario, Reverse mergers.
Post Merger Re-organisation: objectives and criteria of success, profitability, gains to shareholders; post merger valuation; measuring post merger efficiency; factors in post merger reorganization.
Financial Restructuring: Buy-back of shares – concept and necessity; procedure and practice for buy-back of shares and the SEBI guidelines;
Alliances: Integrating alliances into corporate strategy; preparing for alliance, cross cultural alliances; implementing and managing the alliances.
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