– Corporate restructuring is an important strategic corporate action which is undertaken in order to restructure a sick or loss making company with the ultimate objective of bringing it to a position of stability, sustainability and enhanced profitability.
– It refers to significant changes made to the organisational structure, the operational/core business activities, ownership and the overall financial structure of the company.
--Corporate restructuring is primarily undertaken with the goal of improving the company’s efficiency, profitability, enhancing competitiveness, strategic focus & alignment, excellence execution, focusing on the core operational activities and making sure that the company performs at its best with a stable and secure financial position.
– Corporate restructuring involves strategic changes undertaken with the ultimate aim of improving the overall performance and value of the company. It includes various type of corporate reconstruction activities like, financial reconstructuring, operational restructuring, strategic restructuring, organisational restructuring, mergers and acquisitions.
– Corporate restructuring is one of the proven and efficient ways of bringing a company back to a stable financial position by making certain changes either internally or externally within the company.