SEBI on Monday allowed companies to issue non-convertible debentures (NCDs) along with warrants — which can be converted into shares —to qualified institutional buyers (QIB), a step to encourage participation of institutional buyers in the capital market. It has fixed the minimum contract value for trading of NCDs/warrants at Rs 1 lakh.
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Co.s can now Issue NCDs with warrants
Replies (2)
thanx for info
Thanks 4 d info •| J€€T |•
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