You will get 458 shares in SHIL where the COA for those 458 shares would be as explained in above by yashkj.
I am confused. Its listed at 170 which seems low. and immediately it hit lower circuit.
can someone throw light on it?
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there are some parallels with "SIN"tex Plastics and industries demerger.
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On what context exactly does this demerger has similarities with Sintex? Please throw some light as it would be beneficial to forum members rather than blank statements.
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Cost of acquisition for SHIL has been updated on the exchanges. HSIL’s CoA is 82.73% and it is trading at 17.27% of the pre demerger price while SHIL having a CoA of 17.27% listed at 82.73% of pre demerger price.
Now I have HSIL at 80% loss while SHIL is showing a 185% profit on zerodha, can someone please explain this?
Also please suggest if one should hold or sell HSIL and/or SHIL given that Sundaram Asset management has bought more than 5% of SHIL from open market?
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