Board resolution, conversion of CCDs and allotment of equity shares
A single format from the Debentures, CCD, OCD and NCD pack. s.71 · s.42 · PAS-3.
- 2 pages
- 26
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, conversion of CCDs and allotment of equity sharess.71 · s.42 · PAS-3
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The first part of the format, as it downloads. Blanks are highlighted.
Extract from the minutes of the meeting of the Board of Directors of [Company Name] Private Limited held on [Date of board meeting approving CCD conversion]
CONVERSION OF COMPULSORILY CONVERTIBLE DEBENTURES AND ALLOTMENT OF EQUITY SHARES
The Chairman informed the Board that [Number of CCDs being converted] Compulsorily Convertible Debentures of the face value of Rs [Face value of each CCD (Rs)] each allotted on [Date the CCDs were allotted] to [name of holder] had become liable to conversion, the trigger specified in clause [5(__)] of the Terms Schedule having occurred on [Date the conversion trigger occurred], namely [describe].