RELIANCE INDUSTRIES DEMERGE ITS COMPANY JIO FINANCIAL,
WHILE SELLING JIO FINANCIAL EQ SHARE HOW TO TAKE COST OF THAT EQ SHARE?
H R Sayani (Proprietor) (41 Points)
19 June 2024RELIANCE INDUSTRIES DEMERGE ITS COMPANY JIO FINANCIAL,
WHILE SELLING JIO FINANCIAL EQ SHARE HOW TO TAKE COST OF THAT EQ SHARE?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171414 Points)
Replied 19 June 2024
COA of RIL would be COA of RIL shares & Jio shares in proportionate.. Divide the cost in ratio of 95.32% & 4.68% respectively.
H R Sayani
(Proprietor)
(41 Points)
Replied 19 June 2024
thanks for reply
here question is that Nos are not diffrence
equal shares alloted 1:1
both the shares alive on NSE/BSE
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171414 Points)
Replied 19 June 2024
Apportion your pre demerger cost of acquisition of equity shares in the Company in the following manner: Reliance Industries Limited (95.32%), Reliance Strategic Investments Limited (4.68%).
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