When the new Sesa Goa Sterlite shares are deposited in our accounts, the value of our Sterlite shares should be increased by more than 10%. That gives us a nice cushion should the market fall and the value of Sesa Goa shares decrease in value. This exchange of shares should be forthcoming very soon. It would not be smart to sell one's shares before the exchange is made.
If the record date was Aug 28th, what are new buyers receiving in trading after that date if they are not eligible for the merger shares?. In other cases, I have seen the stock value drop by the value of the entitlement on the record date similar to dividends.