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 | Gufic Biosciences Ltd | Name of the acquirer and PACs with the acquirer | Sambhav Properties Pvt Ltd | Details | Number | % | a) Shares / VR* before acquisition under consideration | 5,545,229 | 7.17% | b) Shares / VR* acquired /(sold) | 50,874 | 0.06% | c) Shares / VR* after acquisition / sale | 5,596,103 | 7.23% | Mode of acquisition / sale | Open Market | Date of acquisition / sale of shares | Oct 23, 2006 | *VR - Voting Rights |