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) | Novartis India Ltd | Date of reporting | Jan 06, 2009 | Name of Stock exchanges where shares are listed. | Mumbai & Kolkatta | 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) | Reliance Capital Asset Management Ltd | i) Date of Acquisition as intimated by the acquirer - Dec 31, 2008 ii) Date of receipt of intimation from the acquirer - Jan 02, 2009 | Open Market | 10,000 (0.03%) | 1,594,700 (4.99%) | 1,604,700 (5.02%) | |