Preference shares

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Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2014 Please tell what is the rate of minimum preference dividend if nominal value of share is Rs. 10/-?

Nikhil Kaushik (Expert)
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14 February 2014 you can put any rate. even 0.25% should be ok...

Querist : Anonymous

Querist : Anonymous (Querist)

15 February 2014 Can you please also tell me what is the maximum period for redemption of preference shares?

Nikhil Kaushik (Expert)
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15 February 2014 other than infra project, maximum duration is 20 years

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