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 | Morarjee Textiles Ltd | Name of the acquirer and PACs with the acquirer | Bharat J Patel Minal B Patel Hardik B Patel | Details | Number | % | a) Shares / VR* before acquisition under consideration | 906,979 | 4.99% | b) Shares / VR* acquired /(sold) | 180,000 | 0.99% | c) Shares / VR* after acquisition / sale | 1,086,979 | 5.98% | Mode of acquisition / sale | Open Market | Date of acquisition / sale of shares | Dec 20, 2006 | *VR - Voting Rights |