scorecardresearchAs equity shares can now be converted into preference stocks. An explainer

As equity shares can now be converted into preference stocks. An explainer

Updated: 15 Dec 2021, 04:56 PM IST
TL;DR.
Company’s shareholding is essentially of two types — equity and preference shares. Let us decode how the rights of preference shareholders are different from those of equity shareholders.
Preference shares have preferential rights when it comes to the payment of dividend and repayment of capital.

Preference shares have preferential rights when it comes to the payment of dividend and repayment of capital.