BE/RBI/43/2017 The Reserve Bank of India had notified the following conditions on Conversion of Debt in to Equity. a) Securitisation Companies / Reconstruction Companies (SC/RCs) are permitted to convert a portion of debt into shares of the borrower company as a measure of asset reconstruction provided their shareholding does not exceed 26% of the post
BE/RBI/43/2017 The Reserve Bank of India had notified the following conditions on Conversion of Debt in to Equity. a) Securitisation Companies / Reconstruction Companies (SC/RCs) are permitted to convert a portion of debt into shares of the borrower company as a measure of asset reconstruction provided their shareholding does not exceed 26% of the post