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Issue of preference Shares on right basis

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5 Points Joined August 2017
Can non cumulative non convertible preference shares be issued on right basis?
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On 08 October 2017 at 14:43 Report
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14 Points Joined October 2017
according to SEBI guidance it can be issued either on public or private placement for non convertible preference share
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On 08 October 2017 at 19:06
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5 Points Joined August 2017
if it's a private company.. then?
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On 08 October 2017 at 19:07
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14 Points Joined October 2017
yes pvt company can
but must be redeemed within 20 years from issue
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On 08 October 2017 at 19:12
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5 Points Joined August 2017
thanks a lot. 👍
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On 08 October 2017 at 19:40

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