Conversion Mechanics
3 ready-to-use formats: Board resolution, conversion and allotment (generic model); Conversion notice from the holder; Conversion computation sheet.
- 6 pages
- 109
- Word and PDF
- 12 September 2026
The 3 formats inside
- 1Board resolution, conversion and allotment (generic model)adaptable to CCPS, CCD and a convertible noteOn its own₹149
- 2Conversion notice from the holderterms of issue · holder electionOn its own₹149
- 3Conversion computation sheetworking paper · to be filed with the Board minutesOn its own₹149
Read the opening
The first part of “Board resolution, conversion and allotment (generic model)”, 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 conversion] · Delete the bracketed alternatives that do not apply
CONVERSION OF [COMPULSORILY CONVERTIBLE PREFERENCE SHARES / COMPULSORILY CONVERTIBLE DEBENTURES / CONVERTIBLE NOTES] AND ALLOTMENT OF EQUITY SHARES
The Chairman informed the Board that [number / a principal amount of Rs ____ of] [Compulsorily Convertible Preference Shares of Rs __ each / Compulsorily Convertible Debentures of Rs __ each / convertible notes] issued to [name of holder] on [Date the instrument was issued to the holder] had become liable to conversion into equity shares of the Company, the conversion trigger specified in clause [Clause containing the conversion trigger] of the [Terms Schedule / Convertible Note Agreement] having occurred on [Date the conversion trigger occurred], namely [describe the trigger and the evidence of it].