redemption of pref shares
This query is : Resolved
CS Abhilasha Pandey
(Querist)
07 August 2010
Hi,
We have issued pref. shares at premium, what will be value of shares at the time of redemption whether it will be redeemed at face value or company have to refund that premium amount which was received at the time of issue ?
Regards,
Abhilasha
We have issued pref. shares at premium, what will be value of shares at the time of redemption whether it will be redeemed at face value or company have to refund that premium amount which was received at the time of issue ?
Regards,
Abhilasha
07 August 2010
It is depend upon the company to go redemption at par or premium ( Not Fixed). There is no need to return the Premium while issuing the debenture
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CS Abhilasha Pandey
(Querist)
07 August 2010
Is amount of premium on redemption of pref shares fixed at the time of issue only ?
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