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Equity shares are those shares which donot have prefencial rights as to repayment of capital at the time of winding up the company. They have normal voting rights and they are the owner of the company and they bear all the risks

Preference shares have restricted voting rights they have voting rights only in those matters which effect their interest(income).

Debenture holders are the creditors of the company.They give short term loan to a company they cannot vote in company issues
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