Private Limited Company, How to register aa Private Limited Company in India, What is private Limited Company, Ebizfiling

How Can a Private Limited Company be Converted to a Public Limited Company?

A Private Limited Company can convert to a Public Limited Company by altering its Articles in a way that it does not  include the restrictions and limitations that are applicable to the articles of a private limited Company, i.e., number of members and directors, restriction on transfer of shares, acceptance of public deposits etc.

 

Firstly, the private limited Company (PLC) needs to conduct a Board Meeting and pass a board resolution to get the in-principal approval of Directors for the conversion of a private company into a public company by altering the AOA under section 14. In the meeting, the Board should  also fix a date, time and place for holding an extra-ordinary General Meeting (EGM) to get an approval of the shareholders, by a sspecial resolution, for the conversion of a private company into a public company.

 

File an e-form MGT-14 for filing a special resolution with an ROC passed for conversion of Private Company into a Public Company and thereafter file an application for conversion of a Private Company into a Public Company viaForm INC-27.

 

Post conversion, intimate all the concerned authorities regarding the change in the status of Company and make necessary internal changes in letterheads and further official communications etc.

 

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Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.

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Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd

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2 thoughts on “How Can a Private Limited Company be Converted to a Public Limited Company?

  1. Hi there,

    I am an Australian citizen with Indian origin my parents are Indian citizen residing in Mumbai,
    I want to open a public limited company , if you can help me with more information and the requirement , procedure , time frame, required fees plus ongoing fees to be paid anually
    company i am looking for is agro business in Bamboo plantation and processing of bamboo .

    Thanks & Regards

    • Phone: 0061416957525
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