Hi I have reliance 48Nos @2429 6Month view and HDFC BANK 21Nos @1585 6Month view, Which price exit in both share

Ans: Both are good companies. hold them for long term.

Ans: keep both till merger happens.

Ans: Hold for atleast 3yrs, great business.

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Ans: The cost of purchase of shares of HDFC Ltd will be taken to be the cost of purchase of shares of the HDFC Bank (amalgamated company). In this example, the cost of purchase of 50 shares of HDFC Bank received on merger shall be ?59,524 ( ?60,000/50.4*50). This adjustment to the cost of purchase is done as against the original cost of HDFC Ltd share entitlement of 50.4 shares. Accordingly, there will be a long-term capital gain of ?30,476 ( ?90,000- ?59,524). One important thing to note here is that the benefit of grandfathering will also be available in cases where shares of the amalgamating company were purchased on or before 31 January 2018.