Dear Members,
Can anyone inform what is the minimum coupon rate for convertible preference shares to be issued by a private limited company ?
Dear Members,
Can anyone inform what is the minimum coupon rate for convertible preference shares to be issued by a private limited company ?
Dear members,
Just wanted to check if a Private limited company can issue convertible preference shares carrying 0% coupon rate.
Dear members,
Just wanted to check if a Private limited company can issue convertible preference shares carrying 0% coupon rate.
Thanks and regards,
Dear Experts,
In accordance with Rule 12(4) Companies (Share Capital and Debentures) Rules, 2014 -
The approval of shareholders by way of separate resolution shall be obtained by the company in case of - grant of option to employees of subsidiary or holding company
Query:
1. Can we pass One general resolution authorizing Board to grant ESOP's to employee of subsidiary company? or Do we need to conduct separate General meeting everytime company propose to grant to ESOP's to employee of subsidiary?
2. Can we hold general meeting and pass the aforesaid resolution after the date of grant of options to employee of subsidiary?
Dear Experts,
In accordance with Rule 12(4) Companies (Share Capital and Debentures) Rules, 2014 -
The approval of shareholders by way of separate resolution shall be obtained by the company in case of - grant of option to employees of subsidiary or holding company
Query:
1. Can we pass One general resolution authorizing Board to grant ESOP's to employee of subsidiary company? or Do we need to conduct separate General meeting everytime company propose to grant to ESOP's to employee of subsidiary?
2. Can we hold general meeting and pass the aforesaid resolution after the date of grant of options to employee of subsidiary?
Please confirm if we need to attach valuation report for allotment of equity shares upon conversion of Debentures
I am of the view same is not required as number of shares to be allotted and conversion ratio was already decided at the time of issuance of convertible Debentures.