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 | SNS Textiles Ltd | Name of the acquirer and PACs with the acquirer | Jay D Virani Prashant M Virani | Details | Number | % | a) Shares / VR* before acquisition under consideration | 800 | | b) Shares / VR* acquired /(sold) | 2,500,000 | | c) Shares / VR* after acquisition / sale | 2,500,800 | | Mode of acquisition / sale | Inter se Transfer | Date of acquisition / sale of shares | Oct 24, 2008 | *VR - Voting Rights |