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This is an announcement letter for a business to inform its customers and business partners of the company's recent restructuring (converting from a partnership to a private limited company). It is customary for a business to do so after registration of the private limited company as the legal consequences are different for these two entities. Private Limited Companies enjoy a separate legal identity, while members of a partnership are personally and entirely involved in all liabilities incurred in the business.
This letter should be used by users who have just converted their partnership business into a private limited company.
This letter formally introduces the business's new name and reassures the customers that this is a strategic decision to enable the company to grow further. The new funding provides excitement for the arrival of new products and services at a higher quality.