Mergers and Acquisition in the Ambit of Indian Companies Act, 2013

The Indian Companies Act of 2013 introduced significant changes to the mergers and acquisitions (M&A) regime. With the introduction of new provisions allowing cross-border mergers and global integration, both inbound and outbound, better disclosure standards and expedited mergers, better protection of minorities and investors, integration of business-friendly company laws, etc., India It has not only achieved its world ranking in terms of convenience business, but the changes have also been welcomed by lawyers and companies around the world. This document discusses the provisions of the 2013 Indian Companies Act regarding mergers and acquisitions and their impact on mergers and acquisitions. The document focuses on the largest acquisition in India of 2017, the merger of Idea Cellular with Vodafone India under the Companies Act 2013, which led to the emergence of the largest subscriber telephone company in India, replacing Airtel. , which had the largest clientele in the last 15 years. Based on an analysis of the financial performance and share prices of the merged entity Vodafone Idea Ltd. however, it appears that the merger did not have a very positive impact. The likely reason could be fierce competition in the telecommunications industry, which has almost slowed down companies to make huge profits. Since the Idea Cellular and Vodafone India merger is a recent event, the post-merger data only covers a few months, and therefore the survey covers a very short period after the merger