My father had received R Com shares after demerger of Reliance in 06/07. He gifted these shares to me. Currently R. Com is worth nothing. I want to sell this and book LTCL as the price is not likely to go up and may even get delisted. But the problem is i am unable to find the what the cost price was when it got demerged. I am assuming the demerged price can be taken as cost price for LTCL.
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Reliance Communication demerger price
Replies (2)
Try yahoo finance and check out if historical data is available. It must be available
I figured out the price but the current grandfathered price on 31st Jan 2018 after the share price crash is more than the original price since my father bought Reliance in the 80s. So its almost no benefit in selling to book loss.
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