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 | Murudeshwar Ceramics Ltd | Name of the acquirer and PACs with the acquirer | Sonata Investments Ltd | Details | Number | % | a) Shares / VR* before acquisition under consideration | 731,387 | 4.18% | b) Shares / VR* acquired /(sold) | 174,000 | 0.99% | c) Shares / VR* after acquisition / sale | 905,387 | 5.17% | Mode of acquisition / sale | Open Market | Date of acquisition / sale of shares | May 21, 2007 | *VR - Voting Rights |