Transfer of shares for consideration other than cash

Dear Experts,

The situation is as follows: the shares of a public limited company are 100% owned by non-resident companies. The non-resident shareholders are all part of the same group, which is now implementing an internal restructuration. One of the shareholders will incorporate a new non-resident entity and contribute to its share capital in kind with the shares of the Indian public limited. 

Question: how to organize under the CA 2013 the contribution of shares by one shareholder to the newly incorporated entity? Would it be treated like a normal share transfer in India (in which case, what to put as consideration on the share transfer form?) ?

Thanks for your help and your views!