According to the guidelines issued by Securities and Exchange Board of India SEBI what percentage of...........

General Accounting Principles Accounting For Debentures

According to the guidelines issued by Securities and Exchange Board of India (SEBI) what percentage of the amount of debentures must be transferred to ‘Debentures Redemption Reserve’ before the commencement of redemption of debentures, in case of convertible debentures?

25%

50%

100%

Zero

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Explanation:

In case of convertible debentures, there is no need to create debenture redemption reserve and zero percentage of the amount of debentures must be transferred to ‘Debentures Redemption Reserve’ before the commencement of redemption of debentures