If you have purchased HDFC Ltd shares purchased on different dates, which were merged with HDFC Bank, here are the details with an example of how capital gains for HDFC Bank will be computed if you decide to sell HDFC Bank shares.
MProfit computes the capital gains for any merged company as per the example below.
The ratio for this merger is 25 shares HDFC Ltd Shares merged into 45 shares of HDFC Bank
If you notice, the holding period of original HDFC Ltd shares is considered for each quantity of HDFC Bank for computation of short-term or long term capital gains.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article