POSTED BY April 1, 2013 9:55 am ONE COMMENT
ONHi all,
i have purchased a debenture a certificate. I had asked the manager to pre-closure the debenture before the maturity date.
Will the debenture earns interest till the date of pre-closure?
The company manager had told me that i’ll not earn any interest.
can anyone give me some pointers to Act passed by government / RBI regarding debentures?
thanks,
Arun
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Dear Arun, Was it any pvt. placement or general public offer debenture? Please check SEBI site for more details on debenture. Also read the T&C of your debenture offer document to understand more.
Thanks
Ashal