As per the scheme:
“3 (Three) equity shares of INR 1/- each of the Resulting
Company credited as fully paid up (post proposed re-
organisation of share capital), for every 4 (Four) equity
shares of INR 1/- each fully paid up of the Demerged
Company”
i.e 3 shares of BSL for every 4 shares of BL held. isn’t it low considering BL already has 82.49% in KPL and 100% in SIP division and BTL? Can anyone please take a look at this?