Market Price: ₹8000
World Legal India Price: ₹5521
Legal process to convert a Private Limited Company into a Public Limited Company under the Companies Act, 2013 for raising public capital and broader shareholder base.
Market Price: ₹8000
World Legal India Price: ₹5521
Legal process to convert a Private Limited Company into a Public Limited Company under the Companies Act, 2013 for raising public capital and broader shareholder base.
Structure for Document:
Title: Convert Private Limited Company to Public Limited Company
Description: Short description (max 30 words)
Content: 150–200 word detailed explanation
Process Steps (optional):
Pass a board resolution approving conversion
Alter MOA and AOA to reflect Public Limited Company structure
Conduct a general meeting and obtain shareholders’ approval through special resolution
File application with ROC for name approval and conversion
Obtain fresh certificate of incorporation and update statutory records
pdf details here...
Converting a Private Limited Company into a Public Limited Company enables the business to raise funds from the public, expand ownership, and improve credibility with investors and financial institutions. The process begins with a board resolution approving the conversion and alteration of the Memorandum of Association (MOA) and Articles of Association (AOA) to reflect the change in company type. The company must comply with statutory requirements such as increasing the number of directors and shareholders, meeting minimum paid-up capital criteria, and obtaining approvals from shareholders through a special resolution in a general meeting. The application is then filed with the Registrar of Companies (ROC) for name approval and incorporation as a Public Limited Company. After ROC approval, necessary filings are made, and the company obtains a fresh certificate of incorporation. Professional assistance is recommended to ensure statutory compliance, accurate documentation, and proper filings. Successful conversion enhances the company’s ability to raise equity funds, provides better market credibility, ensures compliance with public company norms, and facilitates future growth and expansion.