Board resolution, conversion of CCPS into equity shares
A single format from the Compulsorily Convertible Preference Shares pack. s.55 · s.42 · PAS-3.
- 2 pages
- 25
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, conversion of CCPS into equity sharess.55 · s.42 · PAS-3
Read the opening
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 CCPS conversion]
CONVERSION OF COMPULSORILY CONVERTIBLE PREFERENCE SHARES INTO EQUITY SHARES
The Chairman informed the Board that [Number of CCPS being converted] Compulsorily Convertible Preference Shares of the face value of Rs [Face value of each CCPS (Rs)] each allotted on [Date the CCPS were allotted] to [name of holder] had become liable to conversion into equity shares, the conversion trigger specified in clause [6(__)] of the Terms Schedule having occurred on [Date the conversion trigger occurred], namely [describe the trigger — expiry of the conversion period / notice from the holder dated DD.MM.YYYY / immediately prior to the filing of the draft offer document].