alleryStart learning →A debenture that cannot be turned into equity shares of the company is called what?
ANon-convertible debenture
BParticipating debenture
CConvertible debenture
DRedeemable preference
Answer & Solution
Correct answer: A. Non-convertible debenture
A debenture without the conversion feature is a regular, non-convertible debenture, which usually pays higher interest.
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