I have purchased 1000 yesbank shares @30/- on 28/04/2020 and again i have purchased 1000 yesbank shares in fpo @12/-.so the average is 21/-if i sell 1000 shares @25 whether i have to show it as stcl(by applying fifo) or stcg since the average price is 25/-. (2) whether i can sell all the 2000 shares or any lock in period is there for the first purchased 1000 shares
The final reconstruction scheme for Yes Bank notified by the government on 13 March has locked in existing shareholders for a period of three years up to 75% of their shareholding.
You have acquired after the implementation of the scheme. So, no lock-in period is applicable.
There is no lock-in period for shares acquired through FPO.
But, the current market price is not 25, am I right?