definition of optionally and compulsory convertible preference shares
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ɪ ʜᴏᴩᴇ ʜᴇʟᴩ yᴏᴜ
They carry fixed rate of dividend but haspreference over equity shares. ... Optionally convertible means that preference shareholders are given option to convert theirpreferential holdings to common stock at and within predetermined time period.
ᴩʟᴇᴀꜱᴇ ᴍᴀʀᴋ ʙʀᴀɪɴʟɪꜱᴛ
They carry fixed rate of dividend but haspreference over equity shares. ... Optionally convertible means that preference shareholders are given option to convert theirpreferential holdings to common stock at and within predetermined time period.
ᴩʟᴇᴀꜱᴇ ᴍᴀʀᴋ ʙʀᴀɪɴʟɪꜱᴛ
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