Please explain me the following scenario,
I have 5000 nos of JKH W22 warrants @Rs.24.17, When I asked my stock broker whether to sell this or to hold it for a while in reply he advised me to convert this as a share if possible. I’ve no clue whatsoever how does it works. Conversation price is Rs.161.87. Will it be converted in to a normal share when it reaches the expiry date ? if Yes how does it happens. Please explain..