What are convertible and Non – convertible preference shares?
Answers
Answer:
Convertible & Non-convertible shares. Convertible Shares are those shares which can be converted in the equity shares whereas non convertible shares are those which cannot be converted in the form of equity shares. They are issued as preference shares and they remain the preference shares.
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Explanation:
Compare Convertible & Non-convertible shares. Convertible Shares are those shares which can be converted in the equity shares whereas non convertible shares are those which cannot be converted in the form of equity shares. They are issued as preference shares and they remain the preference shares.
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