Explain the following term/concept.Conversion of Debentures – InterviewSolution

1.	Explain the following term/concept.Conversion of Debentures
Answer» Conversion of Debentures means converting Debentures into equity shares. Convertible Debentures are those Debentures that are not repaid on maturity but converted into equity shares. Before conversion, they enjoy all rights of creditors whereas after conversion they get all benefits of the owner.

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