Balance sheets of Fair Deal Ltd. (FDL) and Genuine Cosmetics Ltd. (GCL) as on 31 st March, 2013, i.e., the date on which the companies were amalgamated and a new company Well Worth Ltd. (WWL) was formed are as follows: B

Balance sheets of Fair Deal Ltd. (FDL) and Genuine Cosmetics Ltd. (GCL) as on 31 st March, 2013, i.e., the date on which the companies were amalgamated and a new company Well Worth Ltd. (WWL) was formed are as follows: Balance sheets as on 31 st March, 2013 FDL (₹'000) GCL (₹'000) I EQUITY AND LIABILITIES Shareholders' funds Equity shares of ₹10 each 6,500 4,500 Reserves and surplus 3,000 5,000 Current liabilities Trade creditors and other liabilities 2,000 1,000 TOTAL 11,500 10,500 II ASSETS Non-current assets 8,000 7,500 Current assets 3,500 3,000 TOTAL 11,500 10,500 The fixed assets of FDL were valued at ₹10,000 thousand and that of GCL were valued at ₹9,000 thousand. WWL would issue the requisite number of equity shares of ₹10 each at 50% premium to discharge the claim of equity shareholders of FDL and GCL. How many shares of WWL should be issued to takeover the business of the two merging companies ?