Understanding Mergers, Acquisitions, and Demergers

An investor's guide to what really happens to your shares when an Indian listed company merges, gets acquired, or splits itself apart. Built for experienced retail investors, mutual fund investors, and salaried professionals who hold stocks that show up in deal headlines and want to understand the mechanics instead of reacting to them. Learn why companies do deals, how schemes of arrangement move through NCLT and shareholder votes, how swap ratios convert your holding, how SEBI's Takeover Code and open offers protect minority shareholders, and how delistings work. Then look at deals through an investor's lens with EPS accretion and dilution, merger arbitrage spreads, and the warning signs of value-destroying acquisitions, before decoding demergers, cost of acquisition splits, and the tax treatment of every event. Uses real NSE and BSE cases like HDFC and HDFC Bank, Reliance and Jio Financial Services, and ITC Hotels, with screener.in and exchange filings throughout.