Accounting Standard

company X holds 100 percent equity shares in company A and 75 percent preference shares in same company.
Do we need to calculate Minority Interest for remaining 25 percent ?
Replies (17)
Quick Summary
This discussion clarifies whether minority interest needs to be calculated for the remaining 25% of preference shares in a subsidiary, even if the parent holds 100% of ordinary shares and 75% of preference shares. While preference shareholders may not have voting rights, they are still considered a minority interest group with specific rights in case of default. The conversation also touches upon the forum's etiquette regarding repetitive or unhelpful posts.

Preference shares does not hv voting rights.
Thanku
As far as preference shareholders are concerned , the minority interest will be 25% only.

However as a seperate group of investors, they have right ,(in case of default by company as regards preference shares Dividend or Redemption etc) to demand for a meeting of preference shareholders and all related rights .
@ rakhi

preference shareholders hv minority interest...
If there is no value addition to earlier replies then ....

Forum has like button which is quick and convenient. Make use of it.
If there is no value addition


kapu
try to keep quiet...
Who is kapu in your family ?
Two two post for this reply. Great
Both East West 😇
You remain in south west
@ Admin
New virus erupted. That is almost copy pasting of a reply of another member. (with No value addition.). 🙏
Please Express your comments and remain quiet.
@ Admin
please address the virus per my earlier post before it spreads out
@ admin
Chinese man landed in India.
alert
@ Admin
He himself has introduced
Please handle this chap from your end. Thanks
I would requedu to stop this immediately.


The topic discussed here does not deal with accounting standard...

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