what is e
Equity snares are those, which are not preferenceshares.
In other words, these are shares, which do not enjoy any preferentialright
either in respect of payment of dividend or in respect of the repaymentof
capital at the time of the winding up of the company. These shares are knows
as equity shares, as they are the 'ownership shares' conferring the ownership
of the company on the holders of these shares, i.e., the holders of these
shares are the real owners of the company.