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    <title>Tenure of convertible securities</title>
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    <description>The tenure of an issuer&#039;s convertible securities must not exceed eighteen months from allotment. If an allottee exercises the conversion option within that tenure, the issuer must complete allotment of the equity shares resulting from conversion within fifteen days of such exercise.</description>
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      <description>The tenure of an issuer&#039;s convertible securities must not exceed eighteen months from allotment. If an allottee exercises the conversion option within that tenure, the issuer must complete allotment of the equity shares resulting from conversion within fifteen days of such exercise.</description>
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