Regarding Amalgamation/ Demerger of Anantraj

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by New_Investor, Jan 7, 2021.

  1. New_Investor

    New_Investor Active Member

    Joined:
    Sep 5, 2015
    Messages:
    528
    Likes Received:
    179
    Recently in October 2020, after Amalgamation/ Demerger of Anantraj, Share holder of Anantraj Limited were alloted Shares of Anant Raj Global in the ratio of 1:1.

    Will that change the Cost of Accquisition/ Purchase price (for tax purpose) of Anant Raj Limited ? What will be the Cost of Accquisition/ Purchase price (for tax purpose) of Anant Raj Limited and Anant Raj Global ?

    Similarly, earlier Amalgamation/ Demerger of KPIT, Share holder of KPIT Tech were alloted Shares of Birla Soft in the ratio of 1:1

    Will that change the Cost of Accquisition/ Purchase price (for tax purpose) of KPIT Tech ? What will be the Cost of Accquisition/ Purchase price (for tax purpose) of KPIT Tech and Birla Soft ?
     
    Last edited: Jan 7, 2021
Loading...