Lalit HUF (Karta) (39 Points)
19 June 2023My cost of Sundaram Clayton Equity is Rs. 287.50 as on August 2013. On 24/03/2023, I got allotment of 116 Non-Convertible Preference shares of Rs 10/- each as Bonus for every existing shares.
What is the Deemed cost these Bonus shares for me. Standard costing rules.
Lalit HUF
(Karta)
(39 Points)
Replied 19 June 2023
Incidentally, last Cum-bonus closing price was Rs. 4422.55 as on 23/03/2023 and next closing price was excluding-Bonus was Rs 3853.40. Can one value the difference (Rs 4422.55 minus 3853.40, i.e., Rs 569.15 ) for these 116 shares N C Preference shares of Rs. 10/-
CAclubindia
