RELIANCE INDUSTRIES DEMERGE ITS COMPANY JIO FINANCIAL,
WHILE SELLING JIO FINANCIAL EQ SHARE HOW TO TAKE COST OF THAT EQ SHARE?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 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.)
(177824 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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