Dissent Advisory course
Investor Reportingand the Data Room
Write the monthly update the SHA requires, run a board pack and meeting under Sections 173 and 174 and SS-1, keep one definition per KPI in every document, build the data room before the term sheet, and answer diligence questions the same way every time.
120 minutes core
You will be able to
- 01
Write a monthly investor update that meets the SHA’s information rights, puts the bad news first and ties every number to the MIS.
- 02
Assemble a board pack that asks for decisions, and check its notice, agenda, quorum and minutes against Sections 173 and 174 of the Companies Act and SS-1.
- 03
Keep one definition per KPI in a dictionary, reconcile the MIS, the update, the board pack and the data room, and restate a drifted number in the open.
- 04
Build a data room index before the term sheet, section by section, with the registers and filings that prove ownership and employee data kept out with the DPDP Act in view.
- 05
Run the diligence Q&A tracker: one owner and one version per answer, answers that match the dictionary and the room, and escalation of what moves the price.
Five chapters.
One company throughout.
- I
The update is a disclosure, not a newsletter
What the SHA’s information rights oblige the company to send and when, bad news first, numbers that tie to the MIS, and a cadence that builds a record.
- II
A board pack asks for a decision, not for attention
Decisions first, notice and agenda under Section 173 and SS-1, quorum under Section 174 and the SHA, and minutes and resolutions that stand up in diligence.
- III
One number, one definition
The KPI dictionary as a control, the same Q1 numbers in the MIS, the update, the board pack and the data room, how definitions drift, and a restatement made in the open.
- IV
Build the data room before the term sheet
The index and its five sections, the registers and filings that prove ownership, the tax reconciliations counsel asks for next, and employee data under the DPDP Act.
- V
Diligence is won in the Q&A tracker, not the pitch
Every question logged with one owner, answers that match the dictionary and the room, versions instead of overwrites, and escalation of what moves the price.
Build alongside the course
The June update against the SHA, the board calendar for 5 August, the Q1 KPIs under each definition across four documents, the data room index and the Q&A tracker. Rebuild each chapter’s numbers alongside it, or give it to an AI tool with the specification on sheet 07_Spec, then compare the results on 08_Answer_Check.
Download Excel workbook, 9 sheets, including a ReadMe →Straight answers.
- What is Investor Updates, Board Packs and the Data Room?
- A 120-minute applied course for finance hires in founder offices: write the monthly investor update the SHA requires, run a board pack and meeting under Sections 173 and 174 and SS-1, keep one KPI definition across every document, and build and run a data room for Series B diligence. Certificate issued by Dissent Advisory on pass.
- Who is this course for?
- Finance managers and analysts on VC-backed startups who own investor relations, board governance and fundraising preparation. The course covers the legal obligations under the Companies Act and a typical SHA, KPI dictionaries and the data room process.
- What is the Kalasu case?
- Kalasu Home Appliances Private Limited is a fictional Series A-backed Indian D2C company preparing for Series B. The Q1 FY27 actuals — revenue, cash, KPIs and board decisions — form the basis of every worked example.
- Is a certificate issued?
- Yes. Pass the final assessment and Dissent Advisory issues a certificate with a unique credential ID verifiable at dissent.one/courses/verify.
Educational content only. Not a substitute for engagement-specific financial or legal advice.
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