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 | FAG Bearings India Ltd | | Name of the acquirer and PACs with the acquirer | ICICI Prudential Life Insurance Co. Ltd | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 796,892 | 4.80% | | b) Shares / VR* acquired /(sold) | 164,735 | 0.99% | | c) Shares / VR* after acquisition / sale | 961,627 | 5.79% | | Mode of acquisition / sale | Open Market | | Date of acquisition / sale of shares | Nov 28, 2007 | *VR - Voting Rights |