The Exchange has received the following disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: | Name of the Target company | Gujarat Lease Financing Ltd | | Name of the acquirer and PACs with the acquirer | Gujarat Industrial Investment Corpn Ltd | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 2,586,333 | 9.53% | | b) Shares / VR* acquired / (sold) | (8,000) | (0.02%) | | c) Shares / VR* after acquisition / sale | 2,578,333 | 9.51% | | Mode of acquisition / sale | Open Market | | Date of acquisition / sale of shares | Jan 09, 2008 | *VR - Voting Rights |