Preferece shares

Can a Listed company issue preference shares by conversion of unsecured loan, by passing of a board resolution.

Replies (1)

For issuing preference shares first you should have preference authorised capital. So make necessary arrangements. Also check the terms of loan.

 

Regarding Listing procedure I would suggest you to please have a direct chat with listing department. They’ll surely provide you the desired checklist for listing etc.

 

Regards

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