Conversion of Pvt. Ltd. to Public Limited
Converting a Private Limited Company to a Public Limited Company involves several key steps. First, ensure the company meets regulatory requirements, such as having a minimum number of shareholders and paid-up capital. Obtain board and shareholder approval for the conversion. Amend the Memorandum of Association (MOA) and Articles of Association (AOA) to align with public company standards. File necessary documents with the Registrar of Companies, including a special resolution and updated MOA and AOA. If raising public capital, comply with Securities and Exchange Board of India (SEBI) regulations and prepare for an Initial Public Offering (IPO). Ensure ongoing compliance with public company regulations.
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