The Exchange has received the following disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: | Name of Target company (Reporting company) | Bharat Gears Ltd | | Date of reporting | Mar 28, 2008 | | Name of Stock exchanges where shares are listed. | Bombay Stock Exchange Ltd | | Name of Acquirers/ Sellers | Date of Acquisition / Sale | Mode of acquisition / Sale | No & % of shares acquired/(Sale) | Shareholding of acquirers stated at (A) before acquisition / Sale | Shareholding of acquirers stated at (A) after acquisition/Sale | | (A) | (B) | (C) | (D) | (E) | (F) | | Acquirer: Surinder P Kanwar
| Mar 26, 2008 | Open Market Sale | (276,500) (3.54%) | 2,724,957 (34.86%) | 2,448,457 (31.32%) | | PAC: Late Dr. Raunaq Singh
Raunaq International Ltd
Vibrant Finance & Investment Pvt Ltd
Ultra Consultants Pvt Ltd
Future Consultants Pvt Ltd | 283,000 (3.62%) | 1,371,518 (17.55%) | 1,654,518 (21.17%) | |