Tenderable gain u/s 224 (1) of CO. 1984

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A company made following transactions of trading;

01 01 2009 Purchase 10,000,000 shares @ Rs. 100/share (13%)

08 09 2009 Sale 8,000,000 shares @ Rs. 150/share

09 09 2009 Purchase 8,000,000 shares @ Rs. 151/share

My questions are;

whether there is any tenderable gain in the above trasactions?

What is the amount of tenderable gain (if any)?

References; Section 224 of CO
Rule 16 of Companies Rules 1985


Regards,

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