Fully convertible debentures
This query is : Resolved
16 February 2013
Our company had issued fully convertible debentures and had also paid the stamp duty on the certificate. Now we are converting them into equity, can the stamp duty paid on debenture certificate adjusted ??
Also can anyone provide the letter to be issued intimating the debenture holder about conversion of shares and then allotment of shares
Also can anyone provide the letter to be issued intimating the debenture holder about conversion of shares and then allotment of shares
17 February 2013
Hi
No, it will not be adjusted. It will be stamped by the company on share certificate as it issue to new investor.
No, it will not be adjusted. It will be stamped by the company on share certificate as it issue to new investor.
18 February 2013
ohh Double duty :(
Can anyone provide the format of the letter to be issued to the debenture holders informing them about the conversion
Can anyone provide the format of the letter to be issued to the debenture holders informing them about the conversion
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