JournalsBasic Terminologies

MERGER AUR DEMERGER: AAPKI HOLDING KA KYA HOTA HAI

Swap ratio, record date, aur naye shares ka credit

Published by The Retail Trader · AUG 01, 2026 · Market Basics

Company ka doosri company mein mil jaana ya do hisson mein bat jaana — dono mein aapki holding apne aap badal jaati hai. Kuch karna nahi padta, par samajhna zaroori hai.

MERGER MEIN

Merger mein ek swap ratio tay hota hai — aapke purane shares ke badle naye company ke kitne shares milenge. Record date par jiske paas shares hain, use naye shares credit ho jaate hain.

Beech mein purana stock trading se suspend ho sakta hai, aur naye shares credit hone mein kuch waqt lagta hai.

DEMERGER MEIN

Demerger mein ek company do ya zyada listed entities ban jaati hai:
• Aapko dono entities ke shares milte hain, ek tay ratio mein.
• Purane stock ka bhaav ex-demerger date par adjust ho jaata hai.
• Nayi entity ki listing mein kuch hafte lag sakte hain.
• Us beech mein wo shares aapke demat mein hote hain par bech nahi sakte.

EK PRACTICAL BAAT

Chart par purani price history in events ke baad bemaani ho jaati hai jab tak wo adjust na ho. Aur cost of acquisition dono entities mein baant jaati hai — ye tax calculation ke liye zaroori hai, aur log ise aksar bhool jaate hain.

Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.

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