Hello all,
I have a query regarding JFSL date of acquisition (DOA) to be put in Zerodha Console when the RIL shares have multiple DOA. I will take the following scenario as an example.
20 RIL shares bought in 2005.
20 RIL Bonus shares (1:1 ) given in 2009.
40 RIL Bonus shares (1:1 ) given in 2017.
Thus, 80 total RIL shares before Jan 31, 2018 grandfathering rule.
JFSL shares received post de-merger in 2023 = 80.
I have read that the DOA for JFSL will be same as RIL DOA
and the COA for JFSL will be 4.68% of RIL COA on that DOA.
How do I show this in Zerodha Console for JFSL, in this case?
Do I make 3 entries for JFSL & show that JFSL was bought in
2005, 2009 & 2017 & put in the proportionate COA in each case?
Or do I show ALL 80 JFSL shares to have DOA as 31-01-2018
& put in 4.68% of RIL COA on that date as JFSL COA?
@Quicko and other kindly advise.
Thank you!