[rasoulsami]

Hello Sir;
Sorry posting twice was a connection mistake ?
Thank you for your quick reply . However based on the question there is no profit on the buyback of share .
Gupte co had 20% of share (10 M @1$ par value ) . My understanding is it has been bought back at the same par value without profit . It is not clear from the question if there were a profit on the transaction. Am I wrong?

Regards

[Author]

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