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    Optionally Convertible Redeemable Preference Shares

    Posted By : Damini / Published on : 13-Jul-2020 11:59 AM / View : 160 / Comment : 0
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    Company wants to issue either Optionally Convertible Redeemable Preference Shares or Plain redeemable preference share on *Right Basis*, they want surety for valuation requirement for issue price, shares are being issued on premium.

    As per my understanding Valuation is not required as the same is through right basis to resident. But the client has received a different view from professional that preference share issue requires valuation. Please Confirm

    Also for redemption of shares whether valuation will be compulsory?

    Thanks in anticipation
    Read more on : shares preference redeemable convertible optionally

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