Abstract: The invention consists of a financial instrument in the form of a convertible debenture with an option to the holder to stop its conversion into equity shares and redeem it in cash at par i.e. get paid the Issue Value without any interest The debt instrument in the invention shall stand converted in equity shares automatically if the holder does not exercise his embedded option in time. The invention will be attractive for the long term investors in equity market as it protects the capital of the investor from loss and at the same time gives him the benefit of gain on the increased share price.
展开▼
