Question

Chia Ltd. has earned a profit of ₹ 1,00,000 for the financial year ending 31st March 2025. After providing the Interest on Debentures for ₹ 15,000, Dividend on Preference Shares for ₹ 25,000 and Dividend on Equity Shares for ₹ 20,000, it paid Ranjana, a shareholder, a share from the residual profits of ₹ 40,000 along with a fixed rate of dividend.

Identify the type of share held by Ranjana.

Answer 1

Participating preferences shareholders