what is the meaning of participating n non-participating preference shares?
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Solve my query
Replies (3)
---> participating shares : these preference shares carry rights as to participation in profit available to equity shares.
---> non-participating pref shares : these shares don't carry such rights
Arpit
Participating Pref Shares:-
Parti. Pref Share which also get share in surplus after distribution to equity
which not are non part pref share
For more details you shold have to consult you +1 and +2 book
thanx a lot...!!
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