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 | STL Global Ltd | Name of the acquirer and PACs with the acquirer | Target Fashions Ltd | Details | Number | % | a) Shares / VR* before acquisition under consideration | 120,000 | 0.44% | b) Shares / VR* acquired /(sold) | 3,506,000 | 12.88% | c) Shares / VR* after acquisition / sale | 3,626,000 | 13.32% | Mode of acquisition / sale | Inter-se transfer | Date of acquisition / sale of shares | Jan 22, 2008 | *VR - Voting Rights |