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100% Stake Acquisition: Gulshat.


A target company legal due diligence was our responsibility here. We’d been through:
Constitutional documents, shareholding structure, actual controller, corporate profile;
Documents for target's assets, liabilities, and contractual relationships;
Ownership of the project land, agreements signed with the landowner and government;
PPA and GCA, FIT tenure, FIT indexation to inflation and exchange rate, grid connection conditions, and other terms having potential financial and legal impact;
PLAs received by the target/seller, grid connection scheme approval, feasibility study expertise approval;
The entire acquisition process including SPA and other documents drafting
Anti-monopoly clearance issues and anti-monopoly consent;