Compulsory convertible preferred shares (CCPS) & equity shares
10
Nov
Compulsory convertible preferred shares (CCPS) & equity shares Subject: Economy Context: IRDAI has rejected a proposal to convert a company’s holdings in compulsory convertible preferred shares (CCPS) into equity shares. Details: In June 2022, Digit Insurance and Fairfax Financial Holdings applied to the IRDAI for approval to convert the company’s holdings in compulsory […]