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Optionally fully convertible debenture is an instrument that does not yield interest in the initial period of say, 6 months. After this period option is given to the holder of FCDs to apply for equity at a "premium" for which no additional amourit needs to be paid. The option has to be indicated in the application form itself. However, interest on FCDs is payable at a determined rate from the date of first conversion to the second / final conversion and in lieu of it, equity shares are issued.
What else can I help you with?
Is debenture holder a customer of the company?
NO,debenture holder is the creditor of the company
What rhymes with ventures?
bencher, clencher, denture, mencher, quencher, wrencher, trencher, adventure, debenture, indenture, laventure, misadventure, euro debenture
What is a non convertible currency?
Some currencies have restriction placed on them by the authorities, usually the central bank. As such, you cannot freely convert from that currency to another. Often trade documentation is required.
What is internal reconstruction of a company?
Internal reconstruction is an arrangement made by companies whereby the claims of share holders, debenture holder, creditors and other liabilities are reduced or altered, so that the accumulated losses are written off, assets are valued at its fair value and the balance sheet shows the true and fair view of the financial position.
What kind of business license do you need for a concierge?
You may not need a business license to be a concierge. However, I suggest you check with your city, county and state codes to determine whether or not this service is defined as 'a business' and if so, is a business license required. Optionally, you may save time by consulting with an attorney whose practice is focused upon business.
IS DRR compulsory for Optionally convertible debenture?
Yes
What is the secured redeemable non convertible debenture?
Type your answer here... debenture, which is secured and redeemable and which is non convertible in future is called secured redeemable non convertable debenture
What is the rate of return of convertible debenture?
9.5 %
What does OFCD stand for?
OFCD - optionally fully convertible debentures. these are the debentures that can be converted into equity at any time at the rate of interest decided by the company
What is non convertible redeemable debenture?
history of secured redeemable non convertible debentures
What happens to a convertible debenture after liquidation of a company?
Its worthless.
What is the difference between a convertible bond and a convertible debenture?
A convertible debenture is a type of convertible bond. However, a debenture is unsecured debt, which means that there is no collateral for the bond. The alternative to a debenture would be a secured bond such as a mortgage bond that would be secured by real estate. If the company goes out of business, the collateral for the secured bonds would be used to pay off those bonds and the holders of the debentures would be paid from whatever is leftover. Most convertible bonds are debentures.
What is the secured redeemable non-convertible debenture?
history of secured redeemable non convertible debentures
Who can sold secured redeemable non convertible debenture?
Snaddon
Is your convertible debenture bond certificate worth anything?
yes
What you mean by bearer debentures?
these debentures which give an option to their holder to convert them into equity or preference shares at specified rate of exchange after a certain period. when such debenture holders exercise the right of convertion, they cease to be lenders to the company and become its members. the convertible debentures may be fully convertible or partly convertible
What is meant by convertible debenture?
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