What is Non Convertible Debentures | Financial Coach

What are NCDs Whenever a company wants to raise money from the public it issues a debt paper for a specified tenure where it pays a fixed interest on the investment. This paper is known as a debenture. Some of the debentures are termed as convertible debentures since they can be converted into equity share on maturity. A Non – Convertible debenture or NCD do not have the option of conversion into shares and on maturity the principal amount along with accumulated interest is paid to the holder of the instrument. #NCDs # FinancialCoach #CaHimanshu Our Social Link ——————————————– Twitter https://twitter.com/HelloTaxIndia Linkedin https://www.linkedin.com/company/hell… Facebook : https://www.facebook.com/HelloTaxIndia/

Category:

Financial Coach, NCD