WebApr 18, 2024 · On the other hand, the Optionally Convertible Debentures are debt securities and interest is paid to the investors till maturity and repayment. Under FDI guidelines, … WebAccounting for Compulsorily Convertible Debentures

Issue no. 72 I July 2024 - KPMG India

WebApr 9, 2024 · However, as per Section 71 (1) of the Companies Act, 2013 if a company wants to issue Debentures which are Convertible into Equity shares of the company, either wholly or partly, at the time of redemption of the debentures, approval of shareholders by way of Special Resolution is mandatory. Web(Source: KPMG in India’s analysis, 2024) Components Amount (INR) Liability (present value of INR1,500) 832 Equity 168 The following is the break-up of the optionally convertible debentures (before calculation of deferred tax: The tax base of the liability component of the optionally convertible debenture would be INR1,000. This will result ipad hand holder strap

Compulsorily Convertible Debentures: Debt or Equity?

WebJan 22, 2016 · Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of January 21, 2016. ... OCD-optionally convertible debenture; OD-Over Draft ... WebThus, a conversion option embedded in foreign currency convertible bonds is treated as embedded derivative which is not the case under Ind AS 32. 3.3 Equity An equity … WebOctober 19, 2024. Company Law. The term Conversion of Debentures into Shares denotes a process under which a Debenture Holder decides to become a Shareholder of the company by converting his/ her Debentures into Shares. Further, after becoming a Shareholder in the company, the said person will get the Right to Vote. ipad ham radio logging software