Allotment of preference share

This query is : Resolved 

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

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


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