afc41a04_n_Equity_Shares_and_Debentures__Equity_Shares
[0] 4. Right to Participate [Debentures] Debenture holders can’t participate in the affairs of the company. [Equity Shares] 
Shareholders have a right to participate in the affairs of the company.
Major Difference between Equity Shares and Debentures
Equity Shares