Conversion of pref shares

4920 views 5 replies

A pvt ltd company intends to convert redeemable preference shares into equity shares. Can some one kindly advise me whether the same is possible. If so, can some one please suggest us the procedure.

Replies (5)

Yes, it is possible.

 

Option-I:

Pass special resolution u/s 106 in class meeting for variation of rights  of shareholders.

 

Option-II:

Prepare scheme of arrangement u/s 391-394 providing for such conversion  and get the same approved by High Court.

 

Thank you.

No need of high court approval if holders of 3/4 th of the issued shares of that class give their consent

Dear All,

Kindly provide the procedure for converting prefernce shares into equity shares.

What are all the forms to be filed with ROC???

Dear Sir, 

With regard to such conversion of Preference Shares to Equity Shares, what are the RBI Guidelines regarding the same? 

 

Thank you.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details