Arvind share de-merger

#21

HOW many Arvind you held because to get 15 shares of Arvind fashion you must hold minimum 75 shares so you will get cash credit for Anup engineering fractional share.

#22

I had 75 shares of ARVIND

#23

So you will get cash credit of 0.77 fractional share of Anup engineering in next 30-45 days as and when these fractions are transferred to a trust which will club them and sell at nse/bse.you will get detailed information about date of sale ,broker and price.

#24

I had 500 shares of around before demerger but till date I didn’t received any shares of around fashion or anup engineering in my yes bank demat acct. Did anyone received it till date.

#25

if your purchase is of ON OR BEFORE 27 November 2018 , you MUST have got 50 Arvind fashion ( listed from 08 march ) and 18 Anup engineering (listed from 1 march ) .Regulator will not give listing approval unless the application by company is accompanied by written confirmation from nsdl-cdsl( of having credited the shares to all demat )plus bulk mail postal receipt in case of physical shares.
you will also get cash credit of 0.51% fractional Anup engineering in next 30-40 days .

#26

De mergers happen to be very tricky business combinations. It is not always good for stockholders as market can negatively price such action from a company. Eventually, now you will be owner of stocks of two companies, look for market sentiment on them

#27

We did not received any amount towards encashment of anup engineering stock.
We are not able to see fraction of share anywhere.
Anyone have idea , how many more days they will take to credit amount ?

#28

@Aagam_Shah: it take about 45-60 days from listing of the entity to get cash credit of fractional shares.after listing of shares a trust is appointed and all such fractions are transferred to it . the trust will club them and sell at bse/nse through a broker . amount received from broker will be distributed accordingly.