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Types of Share Capital
Corporate & Other Laws
If a person holds shares with Differential Voting rights , Then What types of shares he will receive when company issues bonus Shares?
Answers (4)
The differential rights are in respect of voting power and dividend. So generally equity shares with less voting rights carry higher rate of dividend but whereas the equity shares with higher voting shares carries with lesser rate of dividend. The question comes here is why the person will take shares with lesser voting rights is that such shares carry higher rate of dividend. Though he is enjoying higher rate of dividend, but his rights in respect of bonus shares, rights shares are remain provided these shares are issued with such facility.
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