Abhinav Kumar

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Partner in the Capital Markets Practice at the Mumbai Office of Cyril Amarchand Mangaldas. Abhinav focuses on a variety of capital markets transactions, including initial public offerings, follow-on offerings, rights issues, QIPs and preferential issues by listed companies. He can be reached at abhinav.kumar@cyrilshroff.com

Latest Articles

Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 are substantive provisions for regulating private placements by Indian companies. These provisions are, of course, in addition to applicable regulations prescribed by the Securities and Exchange Board of India (“SEBI”) for listed companies. Recently, both Section 42 and Rule 14 have undergone amendments by way of the Companies (Amendment) Act, 2017 and the Companies…
Over the years, companies have used employee stock option schemes (ESOP Schemes) as an effective method to align employee interests with shareholders, reward their efforts, increase their loyalty towards the company and motivate employees to perform better. An initial public offering (IPO) and consequent listing of equity shares is one of the critical ways in which employees seek value appreciation in stock options and equity shares held by them. Accordingly, unlisted companies typically align timing…