https://www.taxtmi.com/news?id=3672 Immediate conversion of government-held optionally convertible debentures into equity at par will restore Government majority holding and, combined with public sector banks and financial institutions, render IFCI a Government company; the Committee of Secretaries recommended the conversion and that the Government seek exemption from making an open offer under the takeover regulations. en-us Fri, 24 Aug 2012 10:28:29 +0530 Fri, 24 Aug 2012 10:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3672 Immediate conversion of government-held optionally convertible debentures into equity at par will restore Government majority holding and, combined with public sector banks and financial institutions, render IFCI a Government company; the Committee of Secretaries recommended the conversion and that the Government seek exemption from making an open offer under the takeover regulations. News - Fri, 24 Aug 2012 10:28:29 +0530 https://www.taxtmi.com/news?id=3672