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Journal entry on shares received on demerger by an Individual in his books of accounts

This query is : Resolved 

04 September 2023 shares received on demerger by an individual , How to make journal entry in my Books Aarti Industries Ltd Right now having 9 Shares
Record date 20-10-2022 , shareholders will get one share of Aarti Pharma labs for every four shares they hold in Aarti Industries.
Can i Pass Journal entry on receipt shares on demerger

Purchase of shares Dr. .01
(Aarti Pharma Labs 2 shares)
To Capital A/c Cr .01

05 September 2023 Journal entry not required.
Change the record of holding of shares.


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