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 | Sicagen India Ltd | | Name of the acquirer and PACs with the acquirer | Credit Suisse (Singapore) Ltd | | Details | Number | % | | a) Shares / VR* before acquisition under consideration | Nil | Nil | | b) Shares / VR* acquired /(sold) | 2,050,000 | 5.18% | | c) Shares / VR* after acquisition / sale | 2,050,000 | 5.18% | | Mode of acquisition / sale | Preferential share allotment of 1 equity share of Sicagen India Ltd (SICAGEN) for every 1 share held in Sical Logistics Ltd (SICAL) as per the scheme of arrangement between SICAL and SICAGEN on demerger of SICAL's non logistics business into a wholly owned subsidiary SICAGEN | | Date of acquisition / sale of shares | Allotment Date - Mar 15, 2008
Actual Receipt of shares - Jul 16, 2008 Listing Date - Aug 21, 2008 | *VR - Voting Rights |