Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Prashant Roy (Lawyer)     11 December 2008

Buyback of FCCBs

The RBI on 8 Dec 2008 came out with a Circular on Buyback / Prepayment of  FCCBs where they have mentioned that under automatic route FCCBs can be bought back at a discount of not less than 15% on book value.

Can someone tell me what does book value mean and how FCCBs are treated in the balance sheet?

Thanks.



Learning

 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register