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) | Vimta Labs Ltd | Date of reporting | May 23, 2008 | Name of Stock exchanges where shares are listed. | Bombay Stock Exchange Ltd & National Stock Exchange of India 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) | Sivalinga Prasad Vasireddi | May 22, 2008 | Inter-se transfer | (1,000,000) (4.523%) | 4,598,525 (20.800%) | 3,598,525 (16.277%) | Vasireddi Veerabhadra Prasad | May 22, 2008 | Inter-se transfer | 1,000,000 (4.523%) | 293,565 (1.328%) | 1,293,565 (5.851%) | |