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 | Consolidated Finvest & Holdings Ltd | | Name of the acquirer and PACs with the acquirer | Ruane, Cunniff & Goldfard Inc | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 1,580,764 | 4.89% | | b) Shares / VR* acquired /(sold) | 310,000 | 0.96% | | c) Shares / VR* after acquisition / sale | 1,890,764 | 5.85% | | Mode of acquisition / sale | Secondary Market Purchase | | Date of acquisition / sale of shares | Aug 09, 2007 | *VR - Voting Rights |