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Preference Shares

Types of preference shares:
 

(a)       Cumulative preference shares
 

(b)       Non-cumulative preference shares
 

(c)        Participating preference shares
 

(d)       Non-participating preference shares
 

(e)       Redeemable preference shares
 

(f)         Non-redeemable preference shares
 

(g)       Convertible preference shares
 

(h)       Non-convertible preference shares
 

EquityShares

Equity shares are those shares, which are not preference shares. It means that they do not enjoy any preferential rights in the matter of payment of dividend or repayment of capital.





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