I am in doubt that whether a company can issue preference shares with two rates of dividend i.e. e.g. A company issues preference shares for five years with 12% rate of interest for 3 years and 14% rate of interest for next 2 years.
RE:Query on preference shares
by on Mar 12, 2008 11:55 PM Permalink
there is no problem with it,only thing is that for this two saperate reedimption option to be taken in special resolution and allotment filing should be in two saperate lots
