Roll over of non convertible portion of partly convertible debt instruments

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Full Text of the Document

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....tible portion of partly convertible debt instruments issued by a listed issuer, the value of which exceeds fifty lakh rupees, may be rolled over without change in the interest rate, subject to compliance with the provisions of section 121 of the Companies Act, 1956 and the following conditions: (a) seventy five per cent. of the holders of the convertible debt instruments of the issuer have, thr....