Dinesh Limited was acquired by Kamlesh Limited for which Kamlesh issued 85,000 equity shares of face value
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Dinesh Limited was acquired by Kamlesh Limited for which Kamlesh issued 85,000 equity shares of face value ₹10, each having market price ₹13 per share on the stock exchange. Apart from this, Kamlesh paid ₹1 per share for every equity share of Dinesh. Dinesh has total 1,70,000 equity shares of ₹10 each. Calculate purchase consideration paid by Kamlesh.
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