NBFC Takeover & Change in Control
NBFC Takeover involves transfer of management control, shareholding, or ownership of an existing
RBI-registered NBFC. Such transactions are strictly regulated by the Reserve Bank of India and require
prior approvals, disclosures, and compliance with RBI directions.
ND Savla & Associates provides end-to-end advisory and execution support for NBFC takeovers, ensuring
regulatory clearance, legal compliance, and smooth transition of ownership.
Why Opt for an NBFC Takeover?
Faster Market Entry
Acquire an already registered NBFC instead of waiting for fresh RBI approval.
Existing Regulatory Status
Operational NBFC with RBI Certificate of Registration already in place.
Business Expansion
Ideal for investors and financial groups planning quick scale-up.
When Is RBI Approval Required?
- Change in shareholding beyond 26% (directly or indirectly)
- Change in management or control of NBFC
- Merger, acquisition, or restructuring of NBFC
- Transfer of promoter stake
NBFC Takeover Process
Due Diligence
Financial, regulatory, legal and compliance review of target NBFC.
RBI Approval Application
Preparation and filing of takeover application with RBI.
Share Transfer & Control Change
Execution of share transfer and post-approval compliances.
We manage RBI correspondence, clarifications, and conditions until final approval is granted.
Key Documents Required
- Share Purchase Agreement (SPA)
- Board and shareholder resolutions
- KYC and financials of incoming promoters
- Business plan and declaration to RBI
- Net worth and source of funds documentation
Post-Takeover Compliance Support
- Intimation to RBI and ROC filings
- Update of management and shareholding records
- Ongoing RBI returns and compliance calendar
- Audit, FEMA and tax advisory support