TATA CHEMICAL DE MERGER TATA CONSUMER
This query is : Resolved
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ashish marwah
(Querist)
08 August 2023
Dear All
I have a query regarding the de merger of the TATA chemical salt business to TATA consumer. I was holding 250 shares of TATA chemicals and received the 285 free shares of TATA consumer against the de merger of TATA chemicals. What should be my buy price of free TATA consumer shares which I received on 31st march 2020. This is regarding the capital gain calculation.
I have a query regarding the de merger of the TATA chemical salt business to TATA consumer. I was holding 250 shares of TATA chemicals and received the 285 free shares of TATA consumer against the de merger of TATA chemicals. What should be my buy price of free TATA consumer shares which I received on 31st march 2020. This is regarding the capital gain calculation.
CA R SEETHARAMAN
(Expert)
08 August 2023
It's the cost incurred to buy TATA chemicals share.
ashish marwah
(Querist)
08 August 2023
Dear Sir
I had bough the TATA chemical shares @ 374 . Should I consider the 374 price for TATA consumer free shares. Please confirm
Dear Sir
I had bough the TATA chemical shares @ 374 . Should I consider the 374 price for TATA consumer free shares. Please confirm
CA R SEETHARAMAN
(Expert)
08 August 2023
Yes consider it if it's total price.
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