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 | Kalyani Forge Ltd | | Name of the acquirer and PACs with the acquirer | Equity Intelligence India Pvt Ltd and its Portfolio Management Services Clients | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | 179,436 | 4.93% | | b) Shares / VR* acquired /(sold) | 5,127 | 0.14% | | c) Shares / VR* after acquisition / sale | 184,563 | 5.07% | | Mode of acquisition / sale | Open Market | | Date of acquisition / sale of shares | Mar 20, 2007 | *VR - Voting Rights |