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What is the minimum face value prescribed by SEBI for Non-Convertible Redeemable Preference Shares (NCRPS) and Non-Convertible Debentures (NCDs) issued by Indian companies?

1. ₹1,000
2. ₹5,000
3. ₹10,000
4. ₹50,000

Correct answer: ₹10,000

Solution

SEBI has prescribed a minimum face value of ₹10,000 for NCRPS and NCDs issued by Indian companies. This is a standard regulatory requirement for such instruments. Therefore, ₹10,000 is correct.

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