Compulsorily convertible debentures coupon rate, top ten members
From a valuation perspective, a convertible bond consists of two assets: It is quite common for foreign investors to take up convertible instruments in Indian companies. In this sense, it is like a bond. On the other hand, treating CCDs as equity would mean that such investment would have to comply with sectoral FDI limits.
Admission of new partner In such a situation, I do not see that there arise any need to adhere to the buy back regulations and that is where RBI is little worried about.