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 | BASF India Ltd | | Name of the acquirer and PACs with the acquirer | Reliance Long Term Equity - Scheme of Reliance Mutual Fund | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 1,385,924 | 4.92% | | b) Shares / VR* acquired /(sold) | 31,930 | 0.11% | | c) Shares / VR* after acquisition / sale | 1,417,854 | 5.03% | | Mode of acquisition / sale | Open Market Purchase | | Date of acquisition / sale of shares | Jan 03, 2007 | *VR - Voting Rights |