Hikal - Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

• Security Code: 524735
• Company: HIKAL

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)	Hikal Ltd
Date of reporting	Oct 03, 2008
Name of Stock exchanges where shares are listed.	Bombay Stock Exchange Ltd
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)
International Finance Corporation	Sep 29, 2008	Preferential Allotment	1,360,000 (8.27%)	Nil	1,360,000 (8.27%)