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 | IFB Agro Industries Ltd | Name of the acquirer and PACs with the acquirer | Sicgil India Ltd PAC:- F Dadabhoy, Managing Director & his relatives | Details | Number | % | a) Shares / VR* before acquisition under consideration | 1,078,779 | 13.98% | b) Shares / VR* acquired /(sold) | 600 | 0.07% | c) Shares / VR* after acquisition / sale | 1,079,379 | 14.05% | Mode of acquisition / sale | Open Market | Date of acquisition / sale of shares | Dec 20, 2006 | *VR - Voting Rights |