Everything you need to know about demerger of Reliance Industries Limited

[Meher_Smaran]

You can read about the how the demerger impacts Reliance and index reconstitution here

Will Nifty 50 index have 51 companies?

Earlier, NSE used event-based index reconstitution for mergers/demergers, where once shareholders approval is received, it is considered as a trigger to initiate replacement of such stocks in the index and exclusion of stocks going through merger/demerger is done much ahead of ex-date. This rule changed from April 30, 2023 and the exchange decided to use a Special pre-open session (SPOS) to determine index reconstruction. You can check the below mentioned post to read the summary of that circu…