Under what circumstances might a company redeem its debentures before the maturity date?

If the company's articles of association allow for early redemption

A company may choose to redeem its debentures before the maturity date if its articles of association, which are part of its governing documents, allow for such early redemption. The articles of association define the rules and regulations governing the company's operations, including its financial matters and the terms of its debenture issues. Early redemption might be allowed for various reasons, such as financial flexibility, changing business circumstances, or to meet specific investment or financial goals. However, it's important to note that early redemption is typically subject to the conditions and terms outlined in the company's articles of association and the debenture agreement.