Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Types of Shares a PLC can offer

Types of Shares a PLC can offer


PLCs (Public Limited Company) may offer a variety of share types within the following basic categories of stock shares:

Ordinary Shares

This is the most commonly issued share type, essentially the same as common stock shares in U.S. equities. They carry voting rights but not usually any special rights beyond that. Ordinary shares may be subdivided into different classes such as A or B and have different share prices.

Cumulative Preference Shares

This share type roughly corresponds to preferred stock shares of U.S. companies. Like U.S. preferred stock shares, they come with the stipulation that any scheduled dividends that cannot be paid when due are carried forward and must be paid before the company can pay out ordinary share dividends.

Preference Shares

This is a slightly less preferred share type. Preference shareholders have the right to be paid dividends prior to dividends being paid for other share types. Preference shares do not typically carry voting rights.

Bearer Shares

Bearer shares are most commonly in the form of warrants – a legal document certifying that the bearer is entitled to own the shares designated in the warrant. The warrants usually come with vouchers enabling the bearer to claim any due dividends. Warrants are completely transferable.

Redeemable Shares

As the name implies, redeemable shares are issued with the shareholder agreeing that the shares can be redeemed – bought back by the company – either after a certain time period or on a given date. Redeemable shares can vary according to which party, either the company or the shareholder, has the option to exercise the company buyback provision.

Non-Voting Shares

These shares are like ordinary shares except that they carry no voting rights. This type of share is usually issued to employees so that part of their compensation can be paid in the form of dividends. This arrangement usually provides tax benefits for the company and the employees.

Types of Shares a PLC can offer



At CAKART you will get everything that you need to be successful in your CA CS CMA exam – India’s best faculty video classes (online or in pen drive) most popular books of best authors (ebooks hard copies) best scanners and all exam related information and and chat with our counsellors any time. We are happy to help you make successful in your exams.

Leave a comment

Your email address will not be published. Required fields are marked *