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Redeemable debentures are those securities which are to be repaid within a stipulated period / maturity period. For instance, X co issued 9% 7 years $ 1000 Debentures. This issue of debentures has coupon rate of 9% per year and redeemable period of 7 years. The amount raised by issuing thses debentures are to be repaid within 7 years from now.
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What is redeemable non convertible secured debentures?
history of secured redeemable non convertible debentures
What is non convertible redeemable debenture?
history of secured redeemable non convertible debentures
What is the secured redeemable non-convertible debenture?
history of secured redeemable non convertible debentures
What is the meaning of secured redeemable non convertible debentures?
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Is redeemable debentures a current liability?
If they are due to be redeemed within the year then yes, otherwise they would be non-current liabilities.
Companies issued debentures in recent year?
1) Muthoot Finances announced the issue of Non-convertible Debentures for Rs 150 cr. 2) Reliance capital issued Rs 500 cr Non-convertible debentures. 3) Shriram Transport Finances announced the launch of its second secured redeemable non-convertible debentures issue to raise Rs 500 cr. 4) Tata Global Beverages said it raised Rs 325 cr in private placement of debentures.
What are the risk relating to the debentures?
What are the risk relating to th debentures?
How do you make debentures more popular.?
the companies that have issued debentures in recent years.give suggestions to make debentures more popular?
Value of debenture change?
Value of debenture depends upon where you are trying to cash it. Legally speaking, the company or the organization which has issued the debentures has to honor the face value, presuming they are redeemable type, of course. However, if you try to trade the debentures on stock exchange, several economical, financial and other considerations come in play. Naturally the price offered will reflect all these. It may not be the same as the one paid at the time of purchase .
When to create a Debenture Redemption Reserve?
Most companies retire debentures by issuing another set of debentures, hence, most companies don't park funds for retiring debentures by creating any fund. The bond market will surely get affected negatively by such a move of the ministry of corporate affairs. Section 117C of the Companies Act, 1956, requires every company issuing debentures to create a debenture redemption reserve (DRR) for the redemption of such debentures and transfer an 'adequate' amount from its profits every year to such DRR until the issued debentures are redeemed. Hence, every issue of redeemable debentures requires creation of a DRR. The said Section, however, does not provide the meaning of the word 'adequate'. In the year 2002, the ministry of corporate affairs (MCA) issued a circular clarifying the meaning of 'adequate' and provided the percentage which is mandatorily required to be transferred to DRR by certain class of companies. However, to develop the bonds market, MCA issued another clarification circular on 11 February 2013 (Circular 2013)
What is one sentence with the word redeemable?
This ticket is redeemable at any circus.
How is interest paid on debentures is shown in Financial statments?
interest paid for debentures is a/an
