Announcement

Collapse
No announcement yet.

How to manage demerger entry of Tata Chemical and Tata Consumer Products in MProfit ?

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

  • How to manage demerger entry of Tata Chemical and Tata Consumer Products in MProfit ?

    Tata Chemical Ltd has demerged with Tata Consumer Products in the ratio of 99.34 : 0.66
    Quantity ratio - 100 : 114
    Record Date - 05 March 2020

    Please follow the steps below:

    1. Suppose you have below Tata Chemicals Transactions in MProfit.

    Click image for larger version

Name:	demerger_Tata_Chemical_and_Tata_Consumer_Products_1.PNG
Views:	203
Size:	55.0 KB
ID:	1653

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


    Click image for larger version

Name:	demerger_Tata_Chemical_and_Tata_Consumer_Products_2.PNG
Views:	90
Size:	86.0 KB
ID:	1654


    3.In next row below parent company, Tata Chemicals and use CTRL+N to create new company, find Tata Consumer Products and add it.

    4. Modify the quantity and amount for Tata Chemicals and Tata Consumer Products as per the ratio (99.34 : 0.66) and click Save.


    Click image for larger version

Name:	demerger_Tata_Chemical_and_Tata_Consumer_Products_3.PNG
Views:	96
Size:	115.5 KB
ID:	1655


    5. Review the summary screen after adding the demerger details. Tata Consumer Products 1368 quantity should be visible as per the image below.


    Click image for larger version

Name:	demerger_Tata_Chemical_and_Tata_Consumer_Products_4.PNG
Views:	91
Size:	175.4 KB
ID:	1656





    MProfit Support
Working...
X