Redeemable preference shares

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Pranav Dileep Potekar (Querist)
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23 July 2013 At who's option are redeemable preference shares redeemed? (preference share holder or the company). Isn't the duration of such preference shares fixed and are automatically redeemed.

i have gone through a few books and they have chalked out the entire process however a person from the industry says that such redemption is at the option of the preference share holder.

Ajay Mishra

Ajay Mishra (Expert)
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24 July 2013 Hi

First of all you read what your articles and shareholder agreement says.

Generally at the option of preference shareholders, the shares are redeemed.

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