Redemption of Preference Shares

Shah Trupti (Querist) 18 January 2011 This query is : Open
Dear Sir,

Can you pls tell me the procedure for redemption of preference shares out of the proceeds of the fresh issue of share capital?

Does it amt. to increase in share capital, if we would redeem the preference shares out of the fresh issue of share capital?

Kindly reply me as early as possible..

Regards
Trupti Shah

Follow Query