A Ltd$,$ may acquire B Ltd$.$ A Ltd$.$ estimates that B Ltd$.$ will provide net income after taxes

of Rs$.20$ crores in the first year Rs$.30$ crores in the second year Rs$.40$ crores in the third

year, Rs$.50$ crores in each of the year from fourth

to sixth year and Rs$.60$ crores annually thereafter onwards. B Ltd$.$ requires fresh capital

investment of Rs$.50$ crores at the end of the first year and depreciation figure for the

first year will be Rs$.30$ crores. Similarly second year fresh capital investment will be Rs$.$

$50$ crores and depreciation will be Rs$.40$ crores. Third year onwards the fresh

investment and depreciation will stabilize at Rs$.40$ crores each. The aggregate required

rate of return is $15$ percent. Judge the value of acquisition based on the above

information.