Conversion of Loan into Shares

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Dwarka Nath

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Jan 17, 2026, 8:33:29 AM (10 days ago) Jan 17
to Gyan Gurukul - CS Divesh Goyal
Dear all 
Can the existing loan be converted into Equity Shares of ₹10 at par even if the Book Value is say ₹40.
No Agreement or Special Resolution 

Can a fresh Loan be  converted into Equity Shares of Rs 10 at par even if Book Value is say ₹40 after execution of Agreement and Special Resolution. If so in how much time period.

Regards,

Dwarkanath
Mobile +91 8800444082
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