At DLS & Associates LLP, we provide comprehensive and credible business valuation services to support strategic transactions and regulatory compliance. Our valuations are conducted by team of 5 experienced Registered Valuers – Securities & Financial Assets (S&FA).

We understand that valuation is not just a number — it is a critical input for informed decision-making, deal structuring, and stakeholder alignment. With deep domain knowledge, a tested methodology, and adherence to global and domestic valuation standards, we deliver valuations that stand up to regulatory and stakeholder scrutiny. Our Valuation Services Include:

  • Mergers, Acquisitions, and Disinvestments:
    Valuation of shares, businesses, or undertakings to support buy-side, sell-side, and restructuring decisions.
  • Demerger and Business Restructuring:
    Valuation reports for spin-offs, hive-offs, and corporate reorganizations under applicable legal frameworks.
  • Valuations under Companies Act, 2013:
    Including reports required under Sections 230–236 (mergers, arrangements, compromise, etc.).
  • Valuation under Income Tax Act (Rule 11UA, 11UB):
    For equity share issuances, ESOPs, and transactions involving fair market value determination.
  • Valuations under FEMA Regulations:
    For inbound/outbound investments, transfer of shares between residents and non-residents, and pricing compliance for FDI/ODI transactions.
  • Valuation for ESOPs and Sweat Equity:
    Fair valuation of equity-based compensation under the Companies Act and Income Tax Act.
  • Fairness Opinions:
    Independent opinions on transaction valuations for audit committees, boards, or investors.
  • Purchase Price Allocation (PPA) and Impairment Testing:
    As per Ind AS / IFRS for financial reporting and audit support.