Our Partners, Anish Mashruwala, Utsav Johri, Megha Upadhyaya, and Principal Associate Sahil Unadkat, have authored the Global Practice Guide for the India region in “Acquisition Finance 2026”, for Chambers and Partners. This comprehensive guide offers valuable insights and analysis that underscore our commitment to excellence in acquisition finance.
India’s acquisition finance landscape is undergoing a major transformation with the RBI’s new frameworks on acquisition financing and ECBs, effective from July 2026. The reforms allow Indian banks and offshore lenders to fund strategic control acquisitions, significantly expanding leveraged financing options. The article examines financing structures for inbound and outbound acquisitions, including NCDs, ECBs, NBFC funding and offshore SPVs, while also outlining key legal, regulatory and tax considerations. It further analyses security creation, guarantees, intercreditor arrangements, insolvency risks and disclosure requirements governing acquisition finance transactions in India.
Please click here to read the Global Practice Guide.
Anish is the current Co-Chair of the Finance Practice at JSA and heads the Banking & Finance group. He also focuses on Cross Border Investments & Acquisitions.