whether issue of preferene shares before Board meeting while sending the notice to Board of Directors about the board meeting is required to inform the stock exchange?
Re: need of preference shares
by Guest on Aug 14, 2009 01:13 AM
THE NEED IS SIMPLE . WHEN A COMPANY ISSUES PREFFERENCE SHARE IT ENSURES THAT THE COMMON PEOPLE HAVE A TAKE IN THE COMPANY'S ASSETS AND CAN CREATE TRANSPARENCY AMONGST THE SHARE HOLDERS AND EVEN COMPANY WANT THIS .THIS WILL ENSURE THAT THE COMPANY'S FINANCIAL CAPITAL ASSETS ARE SAFE AND THE COMAPNY IS ON A ROLL .