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Define Convertible Debentures.

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CBSE/Class 11/Commerce/Business Studies Tuition/Class XI-XII Tuition (PUC)

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Saraswati Nrutya Shale

Convertible debentures are the debentures which can be converted into equity shares of the Company with or without premium on the expiry of specific period.
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Tutor

Convertible debentures are potential equity shares. At the time of issue of debentures, the debenture holder is given an option to convert the debentures into equity shares of the company after the end of specified period.
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Tutor

Convertible debentures are potential equity shares. At the time of issue of debentures, the debenture holder is given an option to convert the debentures into equity shares of the company after the end of specified period.
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