The Full Form of QFDC is Optionally fully-convertible debentures.
The Optionally Fully Convertible Debentures (‘OFCDs’) issued by the SAHARA Group were hybrid in nature and as defined u/s 2 (19A) of Companies Act, 1956 “hybrid” means any security which has the character of more than one type of security, including their derivatives.
QFCD
means
Optionally fully-convertible debentures
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