minimum rate of dividend on preference shares
This query is : Resolved
24 November 2010
can we issue preference shares carrying dividend rate less than prime lending rate of bank.
24 November 2010
yes.
24 November 2010
can u suggest minimum rate
24 November 2010
it depends on various factors and there are certain type of pre cap where minimum Rs 1 can be dividend on entire holding. Ask some company Seceretary.
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