Conversion of CCD into Equity Shares

• Core documents needed:

  👉 Board Resolution + CCD Agreement + PAS-3 + Share Certificates

• Additional documents depend on:

  👉 Valuation, FDI, or conditional conversion terms

• Key compliance:

  👉 File PAS-3 within 30 days and update statutory registers

• Conceptually:

  👉 CCD conversion = liability converted into equity (not new investment)

It is Private Limited Company under NBFC as registered with RBI

Compulsory Convertible Debentures into Equity Shares so it is require to pass Shareholder resolution yes or not .

In Board resolution pass section 62(3) only