Demerger needs to be in accordance with conditions as notified under Section 72A(5) of the Act by the Central Government. This applies whether you acquired the stapled securities under the distribution or the offer. Example Own 1000 WOW as of the Scheme date - received 1000 EDV Shares from the demerger. Benefit of exemption is available to shareholders of the demerged company only when consideration is received in the form of shares of the resulting company. // -->