Risk & Compliance
Internal Financial Controls (IFC) for an Indian listed entity, a part of group based out of Japan which is one of the leading manufacturers of automobile wheels for biggest automobile manufacturers based out of Japan and United Sates of America (USA). Further the Group also produces sophisticated high tech race wheels for a variety of motorsports including Formula 1, rallying, drifting and single seater racing. The Group commercially active throughout Asia, North America, Latin America and Europe. The task on hand involved capturing various business processes, identifying design gaps, identification of existing controls, preparation of walk through and assistance in testing of controls
Internal Financial Controls (IFC) for an Indian listed entity engaged in the business activities of aircraft manufacturing & maintenance centre, aviation infrastructure and aircraft charter services. It is part of a group based out of India which apart from aerospace and aviation business, is also a leading producer of precision seamless tubes and engineering steels, engaged in business of software engineering services, engaged in investing in infrastructure with focus of port and power and in business of smart innovative consumer lighting solutions which is environmentally responsible and future ready. The task on hand involved capturing various business processes, identifying design gaps, identification of existing controls, preparation of walk through and assistance in testing of controls
Internal Controls over Financial Reporting (ICFR) of Indian subsidiaries of the Group based out of United Sates of America (USA). The subsidiaries were engaged in the business of manufacturing of high end shafts, axles and electronic controls for light, commercial & off highway vehicles and one of the few fully integrated research & development (R&D) centre catering to rendering design services to its group companies globally. The task on hand involved capturing various business processes, identifying design gaps, identification of existing controls, preparation of walk through and assistance in testing of controls.
Risk assessment and internal controls under Sarbanes & Oxley Act, 2002 for an Indian entity listed on NYSE, a part of a Group which is one of the leading players and globally diversified in natural resource exploration, asset development, extraction, processing and value addition. The task on hand called for examination and evaluation of entire business processes and activities being precisely recorded & accounted for financial reporting and disclosure purpose
Internal Audit of one of the leading retail stores chain in India, part of a Group diversified into power & natural resources, carbon black, information technology (IT), education, media and entertainment & sports. Entrusted with individual responsibility for planning and executing CAPEX audit that focused on examination and evaluation of the entire stores set up process that included procurement, project management, project compliance, project commercial and project delivery
Setting up of a shared services centre for an Indian entity, an automotive components conglomerate engaged in manufacturing of auto components spanning the entire value chain with product offerings such as metal stamping & assemblies, mirror consoles, cockpits, door panels and other interior plastics, bumper sand exterior plastics, radiator sand coolers, automotive batteries, wiring harnesses, seating systems, and including engineering and design related services. The entity customers include Indian and global automobile manufacturers. The entity is part of the pioneer Group, a global enterprise headquartered in India with business interests spanning from automobile manufacturing to information technology to hotels & hospitality and so on
Business and corporate restructuring for a Group which is India’s fully integrated textile entity with a dominant presence in cotton and polyester segments. With the flagship entity listed on the Indian bourses. The objective was to consolidate businesses in similar verticals and segregate other business activities including real estate business in a manner to keep the networth of the listed entity intact if not enhanced as a matter of such restructuring exercise. Primary responsibility was to prepare an structuring paper considering various evaluation parameters such as commercial prudence, governing laws (SEBI, Corporate Law, FEMA, etc) fiscal law (direct tax and stamp duty) valuation and accounting. Subsequently coordinating with the auditors, lawyers and domain experts for consummation of the transaction
Corporate restructuring for one of the leading real estate developers in Pune with the objective of providing an exit to the Investor an offshore fund. The task involved segregating SEZ construction from residential township and hence in each case identifying the undertaking, determining the SWAP ratio, drafting a scheme of arrangement that is tax neutral, arriving at optimum capital structure with different classes of shares and deliberating and coordinating with SEZ domain experts for getting requisite approvals
Transaction Tax & Regulatory
Mergers & Acquisitions
Sell side consulting, by way of hive off through demerger, to one of India’s premier broking house to one of India’s leading bank in an all stock deal. Primary responsibility entrusted was to arrive at business valuation and subsequently SWAP ratio report which was discussed with the client and the buyer for transaction consummation. Subsequently the responsibility was extended to review the scheme of arrangement and shareholders agreement prepared by lawyers from a transaction structuring and overall deal objective perspective
Preparation of Information Memorandum (IM) for one of the leading Pune based Group engaged in the business of providing manpower security and facility management services to its clientele spread across various industries. The Management was contemplating to raise growth capital through private placement. The task involved accumulating data through interacting with CEO, respective business head and regional heads that culminated into developing a growth strategy, business plan, financial model and business valuation included in the IM which was ultimate presented to and accepted by the Management