The Exchange has received the following disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: Name of the Target company | Sona Koyo Steering Systems Ltd | Name of the acquirer and PACs with the acquirer | JM Financial Products Pvt Ltd | Details | Number | % | a) Shares / VR* before acquisition under consideration | 3,449,980# | 3.74% | b) Shares / VR* acquired /(sold) | 8,877,985 | 9.61% | c) Shares / VR* after acquisition / sale | 12,327,965 | 13.35% | Mode of acquisition / sale | Pledge | Date of acquisition / sale of shares | Feb 08, 2007 | *VR - Voting Rights# 3,449,980 shares are balance quantity under pledge out of 6,899,960 shares pledged on Dec 05, 2006 |