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(Querist)
31 January 2018 Hello sir/mam
My query is:
Preference shares are issued to whom?
Can preference shares be issued to existing equity shareholders?
Is the financial institution only the mediator between company and investor?
Can preference share be directly issued to public?
Thank you
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CA Suresh Jain

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CA Suresh Jain (Expert)
31 January 2018 Subject to the provisions of the Company Law Preference shares can be issued to any person.
Preference shares can be issued to existing equity shareholders.
Preference share can be directly issued to public subject to provision of Company Law , SEBI etc.
Thank you
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