Question

Write the types of debenture on the basis of conditions for convertibility

Answer 1

There are various types of debentures like redeemable, irredeemable / perpetual, convertible, non-convertible, fully secured, partly secured, mortgage, unsecured, naked, first mortgaged, second mortgaged, the bearer, fixed, floating rate, coupon rate, zero coupon, secured premium notes, callable, puttable, etc.