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 | Ashima Ltd | | Name of the acquirer and PACs with the acquirer | Amrakadamb Investments Pvt Ltd | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 4,264,221 | 12.78% | | b) Shares / VR* acquired /(sold) | 500,000 | 1.50% | | c) Shares / VR* after acquisition / sale | 4,764,221 | 14.28% | | Mode of acquisition / sale | Open Market | | Date of acquisition / sale of shares | Feb 29, 2008 | *VR - Voting Rights |