Question

shares are not convertible.
a. Equity Shares
b. Convertible Preference Shares
Both Preference Shares and Convertible Preference Shares
d. Preference Shares​

Answer 1

$\huge\blue {\mathfrak{Bonjour Mate!}}$

Convertible preference shares have a similar concept of convertible debentures. These shares possess an option or right whereby they can be converted into an ordinary equity share at some agreed terms and conditions.