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How to manage demerger of CESC Ventures and Spencers Retail from CESC Ltd in MProfit?

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  • How to manage demerger of CESC Ventures and Spencers Retail from CESC Ltd in MProfit?

    CESC Ventures and Spencers Retail have demerged from CESC Ltd. in the following proportion:

    Two fully paid up equity shares of Rs 10 each of CESC Ventures Limited and six shares of Spencers Retail of face value of Rs 5 each will be issued and allotted for every ten fully paid up equity shares of Re 10 each held in CESC Limited."

    - Note:

    Ratio of share quantity for CESC Ltd : CESC Ventures : Spencers Retail is 10 : 2 : 6

    Ratio of amount for CESC Ltd : CESC Ventures : Spencers Retail is 87.47 : 10.94 : 1.59


    1. Suppose you have entered the below transactions in MProfit:


    Click image for larger version  Name:	1.PNG Views:	0 Size:	16.7 KB ID:	1083


    2. Go to Other Transactions - > Add Stock-D'Merger Details.


    Click image for larger version  Name:	2final.png Views:	0 Size:	21.9 KB ID:	1084



    3. Modify the quantity and amount for CESC Ltd, CESC Ventures and Spencers Retail as per the ratio and click Save (you can click CTRL+N to add a new company).


    Click image for larger version  Name:	3.PNG Views:	0 Size:	12.9 KB ID:	1085


    4. You can see on the summary screen that after adding the demerger details, 5 shares of CESC Ventures and 15 share of Spencers Retail have been added.


    Click image for larger version  Name:	4.PNG Views:	0 Size:	22.8 KB ID:	1086
    Last edited by Shweta Rathod; 18-02-19, 11:14 AM.
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