Company Debentures definition
Examples of Company Debentures in a sentence
Under section 115E of the Act, any income from investment or income from long-term capital gains of an asset other than specified asset as defined in Section 115C (Specified Assets include shares of Indian Company, Debentures and deposits in an Indian Company which is not a private company and securities issued by Central Government or such other securities as notified by Central Government) is chargeable at the rate of 20%.
Upon the signing of this Agreement, the Company shall sell to the Buyer and the Buyer agrees to purchase from the Company Debentures in the aggregate principal amount equal to the Subscription Amount.
Aura Almas Mineração S.A. ("Almas") - subsidiary of the Company- Debentures: Principal of R$ 400 million (approximately US$ 78 million) entered on July 2021The debentures were issued for the purposes of developing the mine.
The Indenture in respect of the Company Debentures has been duly qualified under the 1939 Act.
The Company has outstanding the Company Debentures which are convertible upon the request of the holders at any time prior to December 31, 2003, into shares of Company Common Stock at a rate of 900 shares of Company Common Stock per $10,000 of principal amount.