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Issue of preference Shares on right basis
Can non cumulative non convertible preference shares be issued on right basis?
Replies (4)
according to SEBI guidance it can be issued either on public or private placement for non convertible preference share
if it's a private company.. then?
yes pvt company can
but must be redeemed within 20 years from issue
but must be redeemed within 20 years from issue
thanks a lot. 👍
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