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Preference shares

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(Querist)
04 May 2012 Hi friends,

for declaration of dividend on preference shares, is there any priority between compulsorily convertible and optionally convertible preference shares?

Regards,
Rishi
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Sachidanand Singh

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Sachidanand Singh (Expert)
05 May 2012 No, not unless created by the issuer (i.e. the company) while issuing the securities.
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