Question

The debentures which are converted into shares is called ________. (Fill in the blank by choosing correct option)
a) converted debentures
b) non-convenable debenture
c) bearer debentures
d) unsecured debentures

Answer 1

Hey mate ✌️✌️


The debentures which are converted into shares is called ________. (Fill in the blank by choosing correct option)
a) converted debentures ☑️☑️
b) non-convenable debenture
c) bearer debentures
d) unsecured debentures

Answer 2

The debentures which are converted into shares is known as converted debentures.

Answer: Option A

Explanation:

The term debentures are the debt instrument. The debentures which are converted into shares is called as converted debentures. Conversion of debentures into equity shares means that liability like a loan is converted easily as shares.

After converting debentures into equity or any shares, the debenture holder becomes a shareholder of the company, so they have a right to vote regarding to the company.