Conversion of preference shares into equity shares

Abhinay Kumar (Company Secretary) (38 Points)

22 September 2008  

Dear Friends,

Could you please guide me:

1. How to convert preference shares into equity.

2.What forms are required to be filed with the RoC.

3. Preference shares was issued to NRI Company in lieu of FDI in the indian company, no approval was required at the time of alllottment, is it necessary to intimate RBI on the same.

Your prompt reply will be highly appreciated.

Best regards,

Abhinay Kumar