Mergers & Acquisitions
Public and private acquisitions, mergers, take-privates and contested bids — buy-side and sell-side, domestic and cross-border.
Corporate & M&A · Mumbai
Boardroom counsel for deals that can't slip.
We advise acquirers, founders and boards on the transactions that define a company — acquisitions, buy-outs, joint ventures and public-market deals — with one partner accountable for the certainty of close.
On the docket
USD 240M cross-border acquisition — Consumer
₹2,100 Cr control-stake divestment — Infrastructure
Series D primary & secondary — Fintech
USD 95M inbound joint venture — Industrials
Scheme of arrangement — Listed pharma
₹680 Cr qualified placement — Real estate
Take-private tender offer — Enterprise SaaS
USD 310M asset carve-out — Energy
180+Transactions closed to signing
USD 6.4BAggregate deal value advised
40+Boards & investment committees advised
15+Years at the Mumbai bar
Deals & Sectors
Six practice groups, one transaction desk
We run corporate and M&A end to end — structuring, diligence, negotiation and regulatory clearance held together by the same partner who signs off the deal.
Private Equity & Venture Capital
Sponsor investments, growth rounds, buy-outs and structured exits, with founder-side and fund-side mandates.
Joint Ventures & Strategic Alliances
Inbound and domestic JVs, technology tie-ups and shareholder arrangements built to survive the disagreements.
Capital Markets & Public M&A
IPOs, qualified placements and rights issues, plus open offers and takeover-code strategy for listed companies.
Corporate Governance & Board Advisory
Board process, related-party frameworks, controls and the judgement calls that sit between the board and the deal.
Restructuring & Insolvency
Schemes of arrangement, distressed M&A and IBC-driven acquisitions, from strategy through NCLT sanction.
The engagement
How a deal holds together
The transactions that slip rarely fail on the law. They fail on timetable, on a regulatory surprise, on a point that should have been closed in week one. We work backwards from close.
1
Diligence that maps risk to value
We scope diligence to the thesis, not a checklist — surfacing the three issues that move price and setting aside the twenty that don't.
2
Documentation drafted to be signed
Share-purchase agreements, shareholder arrangements and disclosure schedules built around your commercial deal and negotiated to a defensible middle.
3
Regulatory path cleared early
CCI, FEMA, SEBI and sectoral approvals sequenced from day one, so the conditions to close are known — not discovered on the eve of signing.
4
A close that doesn't slip
One partner owns the timetable end to end: signing, conditions, completion mechanics and the first thirty days after the deal is done.
Track Record
Representative matters
A selection of transactions the partners have led. Deal values reflect the underlying transaction — party names are withheld under standing confidentiality undertakings.
Matter
Sector
Our role
Value
Cross-border acquisition of a regional FMCG platformBuy-side lead counsel, competitive auction
Consumer & Retail
Acquirer counsel
USD 240MEnterprise value
Control-stake divestment to a global strategicSell-side process and share-purchase agreement
Infrastructure
Seller counsel
₹2,100 CrTransaction value
Growth financing with a partial secondary exitCompany counsel across primary and secondary
Fintech
Company counsel
USD 120MRound size
Inbound manufacturing joint ventureIndia counsel on JV and shareholder arrangements
Industrials
India counsel
USD 95MCommitted capital
Scheme of arrangement and mergerTransaction plus NCLT and regulatory strategy
Listed Pharma
Deal & regulatory
₹1,450 CrMerger consideration
Take-private tender offer for a listed issuerAcquirer counsel on open offer and delisting
Enterprise SaaS
Acquirer counsel
UndisclosedPublic M&A
Matters shown are representative and simplified for publication. Nothing here is an offer of legal services or a guarantee of outcome; each engagement turns on its own facts.
The Partners
Counsel you deal with directly
No handoffs to a team you never meet. Every mandate is led by a named partner who stays on it from first call to completion.
Meher Calder
Founding Partner · M&A
Leads the firm's M&A practice, advising acquirers and founders on cross-border control transactions, take-privates and contested bids. 20+ years at the Mumbai bar.
M&A · Take-privates · Cross-border
Aditya Roe
Founding Partner · Private Equity
Counsel to sponsors and growth companies across the investment lifecycle — primaries, secondaries and structured exits — and a trusted board adviser to portfolio chairs.
PE/VC · Structured exits · Governance
Kavya Iyer
Partner · Capital Markets
Runs equity capital markets and public M&A mandates — IPOs, qualified placements, open offers and takeover-code strategy for listed issuers.
ECM · Public M&A · Takeover code
Rohan Sethi
Partner · Restructuring
Advises boards on schemes, distressed acquisitions and IBC-driven M&A, and chairs the firm's transaction-risk committee.
Restructuring · IBC · Board advisory
Calder & Roe read the deal the way our board does — commercially first, then legally. On a two-week timetable they were the ones holding the certainty of close together.
General Counsel — listed consumer company
Have a deal on the table?
Talk to a partner before the term sheet is signed.
A confidential, no-obligation first conversation about your transaction — how we'd structure it, where the risk sits, and what a clean close looks like.