Dear All,
What is the procedure for the conversion of optionally convertible cumulative pref. shares in to equity shares ?
Is the board resolution is sufficient? or what all procedure the company has to follow?
Pls. clarify.
Best Regards,
Meenu
meenu (cs) (416 Points)
22 September 2009Dear All,
What is the procedure for the conversion of optionally convertible cumulative pref. shares in to equity shares ?
Is the board resolution is sufficient? or what all procedure the company has to follow?
Pls. clarify.
Best Regards,
Meenu