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https://www.bajajfinserv.in/non-convertible-debentures Non-Convertible Debentures (NCDs) - Definition, Types and Features Non-Convertible Debentures (NCDs) are fixed-income instruments issued by companies, offering a fixed interest rate over a set term without any option for... non convertible debenturesncdsdefinitiontypesfeatures https://www.business-standard.com/article/companies/torrent-power-raises-rs-600-crore-via-non-convertible-debentures-122040501085_1.html Torrent Power raises Rs 600 crore via non-convertible debentures | Company News - Business Standard The issue is proposed to be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Ltd