A debenture is an instrument of debt executed by the company acknowledging its obligation to repay the sum borrowed on a specified date at a specified rate of interest.
Debentures are issued in Physical form and Demat form and are raised through Private placement and Public Issue. Debentures are issued for different periods and with different Interest rates. These debt instruments carry higher rate of interest compared to other debt instruments and is a nice opportunity for Investors. We issue Non-Convertible Debentures (NCDs), that is, which cannot be converted into shares. This is one of the instruments for diversified investment for customers where high returns are guaranteed”