Conversion of CCD into Equity Shares

Others 533 views 2 replies

Hi, 

Caa you help me  what document is required for conversion of CCD into Equity Shares 

Replies (2)
Quick Summary
CCD conversion into equity requires board resolution, CCD agreement terms, PAS-3 filing, and share certificates. Shareholder approval depends on terms (Sec 62(3)). Also ensure valuation, RBI/FDI compliance, and update registers.

 

  • 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 


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