1. New Delhi | Mumbai | Bangalore INDIAN CONSUMER SUMMIT Aparna Mittal Partner Mergers & Acquisitions, Private Equity and Joint Ventures Mumbai- July 12, 2013 © Luthra & Luthra Law Offices www.luthra.com 1

2. PRIVATE EQUITY FUNDING – NEED OF THE HOUR  Limited access to domestic market  External Commercial Borrowings (eligibility issues, conditions and end use restrictions)  Private Equity Funding: Viable route for funding Global best practices Corporate Governance Long term value creation Window dressing for going public / strategic sale www.luthra.com 2 © Luthra & Luthra Law Offices

3. KEY ISSUES  Partner Identification  Alignment of Goals and Strategy  Level of Control  Investment Outlay and Funding Commitments  Managing Expectations vs Flexibility  Exit www.luthra.com 3

4. KEY ISSUES  Dynamic and Uncertain Regulatory and Tax Environment  Need for Exploring Tax and Regulatory Efficiencies  Market Realities  Need for Focus on Solutions and Adaptability www.luthra.com 4 © Luthra & Luthra Law Offices

5. Thank You! www.luthra.com 5 Aparna Mittal Partner Email: amittal@luthra.comamittal@luthra.com © Luthra & Luthra Law Offices