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    Corporate Announcement
    Security Code : 500074    Company : BPL    
     
    BPL - Disclosures under Reg. 7(1A) of SEBI (SAST) Regulations, 1997
     
      Exchange Disseminated Time     

    The Exchange has received the following disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997:

    Name of the Target company BPL Ltd
    Name of the acquirer and PACs with the acquirer Electro Investment Pvt. Ltd
    Details Number %
    a) Shares / VR* before acquisition under consideration 19,282,200
    b) Shares / VR* acquired / (sold) 38,20,344 7.88%
    c) Shares / VR* after acquisition / sale 23,102,544 47.62%
    Mode of acquisition / sale Preferential allotment
    Date of acquisition / sale of shares Oct 22, 2007
    *VR - Voting Rights
     

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