https://www.taxtmi.com/acts?id=33633 Conversion of optionally convertible debt instruments requires positive consent from each holder; non-response does not equal consent. If conversion price was not determined at issue and the convertible portion exceeds a monetary threshold, holders must be given the option not to convert unless an upper price limit and its justification were disclosed. Holders who decline conversion must have the instruments redeemed within one month at not less than face value, unless redemption was disclosed in the offer document. en-us Fri, 21 Dec 2018 14:28:41 +0530 Mon, 12 Aug 2024 11:20:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33633 Conversion of optionally convertible debt instruments requires positive consent from each holder; non-response does not equal consent. If conversion price was not determined at issue and the convertible portion exceeds a monetary threshold, holders must be given the option not to convert unless an upper price limit and its justification were disclosed. Holders who decline conversion must have the instruments redeemed within one month at not less than face value, unless redemption was disclosed in the offer document. Act-Rules SEBI Fri, 21 Dec 2018 14:28:41 +0530 https://www.taxtmi.com/acts?id=33633