Which of the following is not a characteristic of share warrants?

The correct answer is option 3- Representing the right to receive interest.

Representing the right to receive interest is not a characteristic of share warrants.

Money Received against share warrants is the amount received by the company which are converted into shares at a specified date on a specified rate. The instrument issued against the amount so received as share warrants. Money received against share warrants’ to be disclosed as a separate line item under ‘shareholder’s fund’.