you will get cash credit of 0.40 fractional share of TCPIL .
when TCPL share will credited to trading account?
Hi Bhupen, this generally takes 30 - 45 days from record date.
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Hi i have 10 share of tata coffee how much amount i will get in my bank account and how much shares i get in my demat account please can you tell when i get date please
LOT OF CONFUSION and never observed such unclear ratio . mailed to co asking for detail with example but no response… MY TINY MORSEL :Demerger 1 share on 22 share means on 10 share one will get 0.454 shares Merger(amalgamation ) 14 shares on 55 shares means on 10 share 2.545 shares .
thus holder of 10 tata coffee will get 2 share of Tata consumer + cash credit of fractional 0.454 and 0. 545 share.
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Glad I sold all Tata Coffee shares on time. Else, having to go through all this maths would have been mind-numbing. 
I have had 5 shares of Tata Coffee. The same have been disappeared from the portfolio. Nor, the Tata Consumer Products shares have been credited. What’s happening?
Kindly go through all messages in this thread . you will get fair idea . please note that Tata consumer shares allotted to erstwhile shareholders of Tata coffee are not yet approved for trading and listing. as and when listed say in about 8-10 working days you will have due credit details of your entitlement .
How is buy average calculated if I hold both TCL & TCPL,
for example i have Purchased 10 Qty of TCPL on 1st Dec 2023 and sold on 1st Jan 2024 and I also hold 300 Qty of TCL as on record date which were purchased on 1st Oct 2023 so approximately I should receive 10 shares of TCPL.
Will FIFO logic be followed here and TCPL shares received instead of TCL be squared off first as the buy date is 1st Oct & my TCPL shares that were purchased on 1st Dec 2023 be intact.
I had exactly 22 shares of Tata Coffee worth about Rs 7300 at that time however I got an email wherein ONE share is allotted to me which is worth hardly 1136 today ie 26th January, so I need to what will happen with the rest of the money invested in Tata coffee
Along with getting 1 share for 22 shares held of Tata Coffee for demerger of TCPL Beverages and Foods, you will also get shares for merger of Tata Coffee with Tata Consumer Products.
For merger the ratio is 14 shares of Tata Consumer Products for 55 shares held of Tata Coffee.
As you are holding 22 shares, you will get 5.5 shares (14/55 = 0.25 * 22). 5 shares will be credited to your demat account and payment for remaining 0.5 will be credited to your bank account.
So in total you will be getting 6 shares of Tata Consumer Products.
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Apologies, missed this. I’ll check and get back to you on this.
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Okay so 6 shares in portfolio and amount worth for 0.5 shares will be credited? And how much time will it take?
The credit of shares can take 30-45 days from the record date. Credit of payment for fractional shares can take more time. The fractional shares are consolidated and allotted to a trustee appointed by the company, who then sells the shares in the market. Payment is made after that depending on your fractional entitlement.
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listing awaited.
Following the merger, TCL shares will no longer be in existence, and your entire investment in TCL will be transferred to TCPL based on the allocated quantity determined by the announced ratio. For example, if you held 300 shares of TCL as of the record date, you would receive 13 shares as part of the demerger and 76 shares as part of the merger, totaling 89 shares of TCPL. The investment amount in TCL will be distributed proportionately among these 89 TCPL shares based on your trading activity in TCL.
What will be buy date for the 89 Qty received in this corporate action
The purchase dates TCL will be assigned to the shares of TCPL that you’ll receive as a part of the scheme.
Now lets take this scenario How is buy average calculated if I hold both TCL & TCPL,
for example i have Purchased 10 Qty of TCPL on 1st Dec 2023 and sold on 1st Jan 2024 and I also hold 300 Qty of TCL as on record date which were purchased on 1st Oct 2023 so approximately I should receive 89 shares of TCPL.
Will FIFO logic be followed here and TCPL shares received instead of TCL be squared off first as the buy date is 1st Oct & my TCPL shares that were purchased on 1st Dec 2023 be intact.
Listing on 14 th working day which is 05.02.2024 after record date and please note this scheme involved Merger and also Demerger.
same way Tata steel listing on 11Th working day which is 05.02.2024 after record date after MERGER with Tinplate.