Understanding Conversion of tata motor dvr share to tata motor share
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Can someone explain tata motor dvr share conversion to tata motor share. It says for 10 dvr shares you will get 7 tata motors share.
How does that work for 27 shares?
1.Will I get 14 shares for 20 of dvr and money for 7 remaining dvr shares
2. Direct ratio conversion - 27*7/10 = 18.9 share, so I get 18 shares and money for 0.9 share
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https://www.desidime.com/comments/permalink/10299595
I guess so, if shaes are sold you are liable to pay short term or long term tax.
https://www.desidime.com/comments/permalink/10299421
better buy 3 more and make it 30 ? so conversion is simple ?
https://www.desidime.com/comments/permalink/10299590
Actually did it, bought 3 more today as want to increase my holdings .
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will there be any tax liability in this ?