‘Sigma Ltd.’, a software company, has raised 50 lakhs from a bank. The bank has written the convertibility clause’ in the loan agreement and is entitled to convert a portion of the loan into equity shares. Identify the values affected here.
The following values are affected here :
- Easy availability of funds with least regulations.
- Protection of the interest of minority share holders.
- Promotion of healthy banking and financial practices services in the interest of investors.
- No interference in the management of borrowing