Is interest paid on Non convertable debentures and securities
This query is : Resolved
Quick Summary
10 January 2023
is interest on non convertible debentures and security on half yearly basis and also whether interest to be calculated on Face value or quantum.
CA R SEETHARAMAN
(Expert)
10 January 2023
Interest to be calculated on facevalue and quantum.
10 January 2023
sir,
My another question is that interest on NCD,Bonds and security , whether it is paid on half yearly basis.
My another question is that interest on NCD,Bonds and security , whether it is paid on half yearly basis.
CA R SEETHARAMAN
(Expert)
11 January 2023
Yes, it's as per the terms of issue.
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