Conversion of ccps

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3 Points Posted on 30 October 2017

Dear Experts

Please give your inputs

a) Can a Preference Shares of Rs. 25 can be converted into Equity of Rs. 10? 

b) If we have two type of Equity Rs. 25 & Rs. 10 nominal value, will they be covered as two different classes? If Yes, Can we initiate buy-back out of one type of shares? 

 

Please advice

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On 30 October 2017 at 12:30 Report
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CS
30 Points Posted on 30 October 2017
pls see resolutions and agreement, which had executed while issuing pshares...
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On 30 October 2017 at 13:36
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CS
30 Points Posted on 30 October 2017
pls see resolutions and agreement, which had executed while issuing pshares...
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On 30 October 2017 at 13:36

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