Mahalxmi rubtech :LAST trading day as combined is 18 .04.2024 you get 1:1 each of (1)Mahalaxmi fabric (2) Globale tessie . From 19.04 the listed co will trade in truncated form and these 2 new companies will list after about 45-60 days depends on sebi relaxation.
buy on 18 as combined entity and sell on 19 as truncated entity . the negative price difference will be cost of 2 other TO BE LISTED shares . please note that it will be BTST deal and carry rare risk .