The Exchange has received the following disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: Name of the Target company | Gujarat Lease Financing Ltd | Name of the acquirer and PACs with the acquirer | Gujarat industrial Investment Corpn. Ltd | Details | Number | % | a) Shares / VR* before acquisition under consideration | 2,317,237 | 8.54% | b) Shares / VR* acquired / (sold) | (32,767) | (0.12%) | c) Shares / VR* after acquisition / sale | 2,284,470 | 8.42% | Mode of acquisition / sale | Open Market | Date of acquisition / sale of shares | Feb 07, 2008 | *VR - Voting Rights |