ilmscore | Prediction Details
"if you are a shareholder of HDFC limited then what so basically as on the record date that is as on 13th July if you have shares in your dmat account of HDFC limited these shares will be taken away from your account and the shares of HDFC bank will be credited to your dmat account now how much time does it typically take for this entire thing to happen typically it takes around 30 to 45 days okay so you'll have to have some patience for that now question is what will be the swap ratio I think everyone might already know about this for every 25 shares of HDFC limited that you have you will those shares will go from your account and you will get 42 shares of what HDFC bank now the question is that if I have 30 shares then what so it is normal mathematics right so for 25 shares if you're going to get 42 then for 30 shares how much normal cross multiplication now if there is some fractional thing that is coming up if it is exactly not divisible then the fractional thing is sorted in the way of settling by cash simple okay fantastic"
By CA Rachana Phadke Ranade | July 5, 2023 | Pending
From video
Impact of LTIMindtree inclusion in Nifty 50 | HDFC Bank - HDFC Ltd Merger | CA Rachana Ranade 00:07:35 - 00:08:34
Interpreted Prediction
Shareholders of HDFC Limited will have their shares removed from their demat accounts and receive HDFC Bank shares in return. The conversion ratio is 25 HDFC Limited shares for 42 HDFC Bank shares. This process typically takes 30-45 days, with fractional shares being settled in cash.

Prediction Details

Ticker
HDFCBANK

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