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Redemption of debentures

Accountancy

In the question(Illustration 6), there is an option to debenture holders to convert 20% of their holding into equity shares at a predetermined price of â?¹15.75 per share. Whether those who are exercising the option has to pay any money to the company?

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Rinuja TK

Rinuja TK

CA Inter

10K+

19-Jun-22 09:40

449

Answers (3)

Best Answer

No.Its conversion of debentures to equity shares.


No


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

19-Jun-22 09:42

Thankyou


Thread Starter

Rinuja TK

Rinuja TK

CA Inter

10K+

19-Jun-22 17:10

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