Announcement

Collapse
No announcement yet.

How to manage demerger of Suven Life Sciences and Suven Pharmaceuticals in MProfit ?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • How to manage demerger of Suven Life Sciences and Suven Pharmaceuticals in MProfit ?

    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:


    Click image for larger version  Name:	1.PNG Views:	0 Size:	91.7 KB ID:	1456


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


    Click image for larger version  Name:	2final.png Views:	0 Size:	118.1 KB ID:	1457



    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.


    Click image for larger version  Name:	3.PNG Views:	0 Size:	63.3 KB ID:	1458


    5. Review the summary screen after adding the demerger details. 50 shares of Suven Pharmaceuticals should be visible as per the image below.


    Click image for larger version  Name:	4.PNG Views:	0 Size:	95.5 KB ID:	1459


    Click here to download the demerger notice issued by the company.
    Last edited by Shweta Rathod; 13-03-20, 07:25 PM.
Working...
X