The Exchange has received the following disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: Name of Target company (Reporting company) | Gujarat Lease Financing Ltd | Date of reporting | Jan 01, 2008 | Name of Stock exchanges where shares are listed. | Bombay Stock Exchange Ltd National Stock Exchange | Name of Acquirers/ Sellers | Date of Acquisition / Sale | Mode of acquisition / Sale | No & % of shares acquired/(Sale) | Shareholding of acquirers stated at (A) before acquisition / Sale | Shareholding of acquirers stated at (A) after acquisition/Sale | (A) | (B) | (C) | (D) | (E) | (F) | Gujarat Industrial Investment Corporation Ltd | Dec 28, 2007 | Open Market | (871,394) (3.21%) | 5,197,267 (19.15%) | 4,325,873 (15.95%) | |