The company wants to mature the FCCBs in 4 years. Is it allowed ?
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2019
The company wants to mature the FCCBs in 4 years. Is it allowed ?
Answer & Explanation:
The maturity period of the FCCBs shall not be less than 5 years. So, in this case it is not allowed.
Topics: SEBI (ICDR) Regulations, 2018
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