diff --git a/include/Webservices/ConvertLead.php b/include/Webservices/ConvertLead.php
index ee80851aa27b7ce46e95d00a5ae2349eef502627..82c0b75524cc943805a0f3ddd3338f4a20be3c94 100644
--- a/include/Webservices/ConvertLead.php
+++ b/include/Webservices/ConvertLead.php
@@ -271,6 +271,12 @@ function vtws_updateConvertLeadStatus($entityIds, $leadId, $user) {
 		$leadModifiedTime = $adb->formatDate(date('Y-m-d H:i:s'), true);
 		$crmentityUpdateSql = "UPDATE vtiger_crmentity SET modifiedtime=?, modifiedby=? WHERE crmid=?";
 		$adb->pquery($crmentityUpdateSql, array($leadModifiedTime, $user->id, $leadIdComponents[1]));
+                //raise an event so that modules can take their actions on lead conversion
+                require_once("include/events/include.inc");
+                $em = new VTEventsManager($adb);
+                $em->initTriggerCache();
+                $entityData = VTEntityData::fromEntityId($adb, $leadIdComponents[1]);
+                $em->triggerEvent("vtiger.entity.leadconverted", $entityData);
 	}
     $moduleArray = array('Accounts','Contacts','Potentials');