Preference shares
This query is : Open
04 May 2012
Hi friends,
for declaration of dividend on preference shares, is there any priority between compulsorily convertible and optionally convertible preference shares?
Regards,
Rishi
for declaration of dividend on preference shares, is there any priority between compulsorily convertible and optionally convertible preference shares?
Regards,
Rishi
05 May 2012
No, not unless created by the issuer (i.e. the company) while issuing the securities.
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