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Sansa Law Desk
SEBI Takeover Code: Open Offer Obligations for Acquirers in India 2026
The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, commonly known as the Takeover Code, is the primary regulation governing acquisitions of shares in listed companies in India. For any company or individual planning to acquire a significant stake in an Indian listed entity, understanding when an open offer obligation is triggered and how the pricing and process works is fundamental to deal structuring. The Takeover Code was amended in December 2025

Kaustav Chowdhury
2 min read
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ESOPs in Indian Startups: Legal Structure, Tax Treatment, and Implementation Guide
Employee Stock Option Plans (ESOPs) have become a cornerstone of startup compensation strategy in India, allowing founders to attract and retain top talent by offering equity participation while managing cash burn during early growth stages. However, ESOPs involve complex legal, tax, and administrative requirements that many startups misunderstand or implement poorly. A poorly structured ESOP can create unexpected tax liabilities for employees, trigger compliance violations w

Kaustav Chowdhury
3 min read
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Legal Checklist for Launching a Startup in India: Essential Steps for Founders
Launching a startup in India requires navigating multiple legal and regulatory frameworks, and getting the foundation right is critical to your future success. From incorporation to tax registration, intellectual property protection to compliance with modern data protection laws, there are numerous boxes to check before you can focus fully on scaling your business. Many promising startups face avoidable legal disputes, tax penalties, or regulatory setbacks simply because they

Kaustav Chowdhury
2 min read
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