Allotment of preference share

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p.laxmidhar prusty (Querist)
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16 April 2012 how many number of allotee can allot preference share on single allotment date by a public limited company not a listed company

Ajay Mishra

Ajay Mishra (Expert)
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16 April 2012 Hi

Its depend on your company capital and investor(preference shareholders) decision.

There is no limit for public company about having maximum number of preference shareholders in a company. But you must ensure what your company's articles says on this subject.

Regards