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Suven Life Sciences has demerged with Suven Pharmaceuticals in ratio of 47.54 : 52.46
1. Suppose you have entered the below transactions in MProfit:
2. Go to Other Transactions - > Add Stock-D'Merger Details.
3. Go to the next row below parent company, Suven Life Sciences and use CTRL+N to create new company, find Suven Pharmaceuticals and add it.
4. Modify the quantity and amount for Suven Life Sciences and Suven Pharmaceuticals as per the ratio (47.54 : 52.46) and click Save.
5. Review the summary screen after adding the demerger details. 50 shares of Suven Pharmaceuticals should be visible as per the image below.
Click here to download the demerger notice issued by the company.
1. Suppose you have entered the below transactions in MProfit:
2. Go to Other Transactions - > Add Stock-D'Merger Details.
3. Go to the next row below parent company, Suven Life Sciences and use CTRL+N to create new company, find Suven Pharmaceuticals and add it.
4. Modify the quantity and amount for Suven Life Sciences and Suven Pharmaceuticals as per the ratio (47.54 : 52.46) and click Save.
5. Review the summary screen after adding the demerger details. 50 shares of Suven Pharmaceuticals should be visible as per the image below.
Click here to download the demerger notice issued by the company.