₹ 10000 invested for 100 shares in tips is divided into the following
10000 x 59.95 % = 5995 cost of acquisition of Tips films
Here if 1:3 shares are applied then you get 300 shares of tips films
For 300 share it works out as
5995/300 = 19.98 per share of tips films ltd
10000 x 40.05% = 4005 cost of acquisition of tips films ltd
So for existing 100 shares in portfolio
4005/100 = 40.05 per share of tips industries ltd
Hope this helps (sorry for lot of edits )
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