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 | Shanthi Gears Ltd | | Name of the acquirer and PACs with the acquirer | HDFC Standard Life Insurance Company Ltd | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 3,973,671 | 4.92% | | b) Shares / VR* acquired /(sold) | 200,000 | 0.25% | | c) Shares / VR* after acquisition / sale | 4,173,671 | 5.17% | | Mode of acquisition / sale | Open Market | | Date of acquisition / sale of shares | Aug 29, 2007 | *VR - Voting Rights |