Preference shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 December 2012
How many preference shares in 100000 Authorized capital ?
Pankaj Gupta
(Expert)
11 December 2012
It depends upon the issue price per share.
Ajay Mishra
(Expert)
11 December 2012
Hi
Agreed with expert.
Preference share is a part of Authorised share capital. The maximum number of preference shares shall be 100000 shares of Rs. 1 each whereas it can be Rs.100000, its depend on management discussion.
Agreed with expert.
Preference share is a part of Authorised share capital. The maximum number of preference shares shall be 100000 shares of Rs. 1 each whereas it can be Rs.100000, its depend on management discussion.
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