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 | Cyber Media India Ltd | Name of the acquirer and PACs with the acquirer | Pradeep Gupta | Details | Number | % | a) Shares / VR* before acquisition under consideration | 2,489,473 | 24.89% | b) Shares / VR* acquired /(sold) | 35,000 | | c) Shares / VR* after acquisition / sale | 2,524,473 | 25.24% | Mode of acquisition / sale | | Date of acquisition / sale of shares | Dec 07, 2006 | *VR - Voting Rights |