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 | 12,935,970 | 13.34% | b) Shares / VR* acquired /(sold) | 2,064,030 | 2.13% | c) Shares / VR* after acquisition / sale | 15,000,000 | 15.47% | Mode of acquisition / sale | Pledge | Date of acquisition / sale of shares | Jun 19, 2008 | *VR - Voting Rights |