Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

• Security Code: 500259
• Company: LYKALABS

Kunal N Gandhi has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE

Name of the Target Company (TC) : Lyka Labs Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Kunal N Gandhi
Date of reporting : November 17, 2011
Names of the stock exchanges where the shares of the target company are listed : NSE & BSE

Details of the promoters’ holding
1.Promoter (s) or PACs with him : Kunal N Gandhi

Pre-event holding
Number : 235042
% of total share capital : 1.08%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : November 08, 2011

Post event holding (encumbered shares to be excluded)
Number : 42
% of total share capital : -

(*) Details of encumbrance (pledge/lien or others)
Pledged 2,35,000 shares to Jhawar Commodities Pvt Ltd.

2.Date of reporting : November 16, 2011
Promoter (s) or PACs with him : Kunal N Gandhi

Pre-event holding
Number : 42
% of total share capital : -

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Release
Date (s) : November 04, 2011

Post event holding (encumbered shares to be excluded)
Number : 235042
% of total share capital : 1.09%

(*) Details of encumbrance (pledge/lien or others)
Release of 2,35,000 shares invoked by Jhawar Commodities Pvt Ltd.

3.Date of reporting : November 04, 2011
Promoter (s) or PACs with him : Kunal N Gandhi

Pre-event holding
Number : 141642
% of total share capital : 0.65%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : October 25, 2011

Post event holding (encumbered shares to be excluded)
Number : 42
% of total share capital : 0.0001%

(*) Details of encumbrance (pledge/lien or others)
Pledged 135000 shares to Jhawar Commodities Pvt Ltd. & Pledged 6600 shares to Pinkhem Investments Pvt Ltd.