A parent company separates a division into a new, independently listed company:
1.You receive shares of the new company proportional to your holding in the parent
2.Both the parent and the spun-off company now trade separately
3.Your original holding value is split between the two entities
4.Example: eBay spun off PayPal in 2015 — eBay shareholders received PayPal shares
5.These new shares appear in your 'Special Holdings' section in the Dhan portfolio
ℹ️ Spin-offs can be complex tax events — both companies' cost basis is recalculated. Consult a tax advisor.
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