NOTE ON SEBI ( SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS REGULATION, 1997) AS AMENDED UP TO 31ST APRIL 2010.

DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED COMPANY

Transitional provisions.
Sr. Particulars No. (1) Any person , holding more than 5 % shares or Voting rights in any Company.6(1) Disclosure By Whom Person holding Shares and Voting Rights in respective Company Respective Company To Whom Respective Company Time Limit ( If Any) Within 2 Months from notification of this regulation Within 3 Months from notification of this regulation Within two months of notification of these regulations Remarks Should disclose his aggregate shareholding in that company

(2)

Any person , holding more than 5 % shares or Voting rights in any Company.6(2)

(3)

Stock Exchange on which the Shares of respective Company are Listed A promoter or any Promoter or Respective person having control any person Company over a company.6(3) and by person(s) acting in concert Every company, whose Respective shares are listed on a Company stock exchange.6(4)

Should disclose the aggregate number of shares held by each person. (As per attached
format under 6(2))

(4)

Should disclose the number and percentage of shares or voting rights held by him and by person(s) acting in concert with him Stock Within 3 the names and Exchange on Months addresses of which Shares from promoters and/or of the notification person(s) having Company are of this control over the Listed regulation company, and the number and percentage of shares or voting rights held by each such person.
(As per attached format under 6(4))

FORMAT UNDER REGULATION 6(2) AND 6(4) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES & TAKEOVERS) REGULATIONS, 1997 Disclosure of shareholding by the target/ reporting company to stock exchanges, in terms of Regulation 6(2) and 6(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 Name of the Company (Target / Reporting Company) Date of reporting Name of stock exchanges where shares of reporting company are listed (I) Information about persons holding more than 5% shares or voting rights as on 20.2.97 Names of persons holding more than 5% No of shares / voting rights % of shares / voting rights to shares or voting rights total paid up capital of Target Company (II) Information about Promoter(s) or every person having control over a company and also persons acting in concert with him as on 20.2.97 Names of promoter(s) or every person(s) No of shares / voting rights % of shares / voting rights to having control over a company and total paid up capital of Target persons acting in concert with him Company Signature of the Authorised Signatory Place Date : : :

Acquisition of 5 % and more shares or voting rights of a Company

Sr. No. 1. Particulars Disclosure Time Limit Remarks ( If Any) By To Whom Whom Acquirer Company At every stage of Shall disclose at and Acquisition every stage the Concerned aggregate of his Stock shareholding or Exchange voting rights in that where company As per format shares of attached for the regulation 7(1) Company are Listed

2.

Any acquirer, who acquires shares or voting rights which (taken together with shares or voting rights, if any, held by him) would entitle him to more than 5 % or 10 % or 14 % or ( 54 % or 74 %) shares or voting rights in a Company in any manner. under regulation 7(1) Any acquirer who Acquirer has acquired shares or voting rights of a company under subregulation (1) of regulation 11, 1[or under second proviso to subregulation(2) of regulation 11]. under regulation 7(1A) The Disclosure Acquirer mentioned under regulation 7(1) ..under regulation 7(2)

Company Within 2 days of such and purchase or sale Concerned Stock Exchange where shares of the Company are Listed

Shall disclose purchase or sale aggregating 2 per cent or more of the share capital of the target company, along with the aggregate shareholding after such acquisition or sale.] As per format
attached for regulation 7(1A)

3.

4.

Every company, Company whose shares are acquired in a manner referred to in [subregulations 7(1) and 7(1A)] under regulation 7(3)

Concerned Stock Exchange where shares of the Company are Listed Concerned Stock Exchange where shares of the Company are Listed

Within 2 days of a. the receipt of intimation of allotment of shares; b. the acquisition of shares or voting rights, as the case may be Within seven days of receipt of information under [subregulations 7(1) and 7(1A)].

Shall disclose the aggregate number of shares held by each of such persons As per
format attached for regulation 7(3)

Format for disclosure of details of acquisition to target company and stock exchanges where the shares of the target company are listed, in terms of Regulation 7(1)

Name of the Target company Name of the acquirer and PAC with the acquirer Details of the acquisition as follows Number % w.r.t. total paid up capital of Target Company

a) Shares / Voting rights (VR) before acquisition under consideration b) Shares/ voting rights acquired c) Shares / VR after acquisition Mode of acquisition (e.g. open market / public issue/ rights issue/ preferential allotment/ interse transfer etc). Date of acquisition of shares/ VR or date of receipt of intimation of allotment of shares, whichever is applicable Paid up capital/ total voting capital of the target company before the said acquisition Paid up capital/ total voting capital of the target company after the said acquisition Note: 1. The disclosure shall be made whenever the post acquisition holding crosses 5%, 10% and 14% of the total paid up capital of the target company within 2 days of the acquisition. 2. The stock exchange shall immediately display the above information on the trading screen, the notice board and also on its website. Signature of the acquirer/ Authorized Signatory Place : Date :

Format for disclosure of details of acquisition to target company and stock exchanges where the shares of the target company are listed, in terms of Regulation 7(1A) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997

Name of the Target company Name of the acquirer and PACs with the acquirer Details of the acquisition as follows No of shares % w.r.t. total paid up capital of Target Company

a) Shares / Voting rights (VR) before acquisition/ sale under consideration b) Shares/ voting rights acquired / sold c) Shares / VR after acquisition/ sale Mode of acquisition (e.g. open market / public issue/ rights issue/ preferential allotment/ interse transfer etc). Mode of sale ( e.g. open market/ MOU/ off market etc.) Date of acquisition/ sale of shares/ VR or date of receipt of intimation of allotment of shares, whichever is applicable Paid up capital/ total voting capital of the target company before the said acquisition/ sale Paid up capital/ total voting capital of the target company after the said acquisition/ sale Note 1. The disclosure shall be made within 2 days of acquisition/sale. 2. The term 'acquirer' shall also include a pledgee, other than a bank or a financial institution and such pledgee shall make disclosure to the target company and the stock exchange within two days of creation of pledge. 3. The stock exchange shall immediately display the above information on the trading screen, the notice board and also on its website. Signature of the acquirer/ Authorized Signatory Place : Date :

Format for disclosure of details of acquisition to Stock Exchanges by target company, in terms of Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 {Regulations}

Name of the Target company Date of reporting Names of the stock exchanges where the shares of the target company are listed Details of the acquisition/ sale received in terms of Reg. 7(1) and 7(1A)

Names of the acquirers/ sellers and PACs with them Date of Acquisition/ sale Date of receipt of intimation of allotment by acquirer/ seller Mode of acquisition ( e.g. open market//public issue/ rights issue/ preferential allotment/ interse transfer etc). Mode of sale (e.g. open market/ MOU/ off market etc.) Number Particulars of acquisition/ sale a) Shares / Voting rights (VR) of the acquirer/ seller before acquisition/ sale b) Shares/ voting rights acquired / sold c) Shares / VR of the acquirer/ seller after acquisition/ sale Paid up capital/ total voting capital of the target company before the said acquisition Paid up capital/ total voting capital of the target company after the said acquisition Note: 1. The disclosure shall be made within 7 days of receipt of information u/r 7(1) & % w.r.t. total paid up capital of Target Company

7(1A). Signature of the Authorised Signatory Place : Date :

Continual Disclosure:
Sr. Particulars No. 1. Disclosure By To Whom Whom Every person, including Respective Respective a person mentioned in Person Company regulation 6(person holding more than 5% of shares or voting rights and promoters) who holds more than [15 %] per cent shares or voting rights in any company. Regulation 8(1) A promoter or every Respective Respective person having control Person Company over a company Regulation 8(2) Time Limit ( If Any) Remarks

Within 21 Shall make yearly days from the disclosure, in respect of year ending his holding. 31st March

2.

3.

Within 21 days from the year ending 31st March as well as on the Record date of the Company for the purposes of declaration of dividend Every company whose Respective Concerned Within 30 shares are listed on a Company Stock days from the stock exchange Exchange year ending Regulation 8(3) where 31st March as shares of the well as on the Company Record date are Listed of the Company for the purposes of declaration of dividend

Shall disclose the number and percentage of shares or voting rights held by him and by persons acting in concert with him, in that company.

Shall make yearly disclosures about the changes, if any, in respect of the holdings of the persons referred to under sub regulation (1) and also holdings of promoters or person(s) having control over the company as on 31st March. As per format
attached for regulation 8(3)

4.

Every company whose

N.A

N.A.

N.A.

Shall maintain a register

shares are listed on a stock exchange Regulation 8(4)

in the specified format to record the information received under subregulation (3) of regulation 6, subregulation (1) of regulation 7 and subregulation (2) of regulation 8.

Format for informing details of shareholding {obtained under Regulation 8(1) & 8(2) from acquirer(s)} by target company to stock exchanges, in terms of Regulation 8(3) of SEBI(Substantial Acquisition of Shares & Takeovers) Regulations 1997

Name of the Target Company (Reporting Company) Date of Reporting Name of stock exchanges where shares of Reporting Company are listed. (I) Information about persons holding more than 15% shares or voting rights (VRs) Names of persons Details of shareholding / voting rights (in number and %) of persons holding more than mentioned at (A) as informed u/r 8(1) to target company) 15% shares or voting rights Names As on As on Changes , As on As on Changes, if March 31 March 31 if any , record date record any (Current (Previous between for date for between (D) year) year) (A) & (B) dividend dividend & (E) (current (previous year) year) (A) (B) (C) (D) (E) (F)

(II) Promoter(s) or every person having control over a company and also persons acting in concert with him Names of Shareholding / voting rights (in number and %) of persons mentioned at promoter(s) or every (II) as informed to target company u/r 8(2) person(s) having control over a company and persons acting in concert with him As on As on March Changes, if As on As on Changes, March 31 31 (previous any, record record if any (Current year) between date for date for between year) (A) & (B) dividend dividend (D) & (E) (current (previous year) year) (A) (B) (C) (D) (E) (F)

Signed by authorised signatory : Place : Date :

Applicability of this reporting 8 (3) Every company whose shares are listed on a stock exchange, shall within 30 days from the financial year ending March 31, as well as the record date of the company for the purposes of declaration of dividend, make yearly disclosures to all the stock exchanges on which the shares of the company are listed, the changes, if any, in respect of the holdings of the persons referred to under sub-regulation (1) and also holdings of promoters or person(s) having control over the company as on 31st March.

Disclosure of Pledged Shares

Sr. No. 1. Particulars A promoter or every person forming part of the promoter group of any company. Transitional Provision Regulation 8A(1) A promoter or every person forming part of the promoter group of any company. Regulation 8A(2) A promoter or every person forming part of the promoter group of any company. Regulation 8A(3) Every company whose shares are listed on a stock exchange Regulation 8A(4) Disclosure By To Whom Whom Promoter or Respective any person Company of Promoter group Time Limit ( If Any) Within 7 working days of commencement of this Regulations Remarks
Shall disclose details of shares of that company pledged by him, if any Shall inform the details of such pledge of shares Shall inform the details of invocation of such pledge Note 1
As per attached Format for Regulation 8A(4)

2.

3.

4.

Promoter or Respective within 7 working any person Company days from the date of creation of of Promoter pledge on shares of group that company held by him Promoter or Respective Within 7 working any person Company days from the date of invocation of of Promoter pledge on shares of group that company pledged by him Respective Concerned within 7 working days of the receipt Company Stock Exchange thereof, if, during any quarter ending where June, shares of March, September and the December of any Company are Listed year

Note 1: Shall disclose the information received under Regulation 8A (1), 8A (2) and 8A (3) regarding: Total number of shares pledged by promoter or every person forming part of promoter group including shares already pledged during that quarter exceeds 25000 Or

 Total number of shares pledged by promoter or every person forming part of promoter group including shares already pledged during that quarter exceeds 1 % of total Shareholding of or voting rights of the Company Whichever is Lower

ANNEXURE B REPORTING FORMAT U/R 8A(4) TO BE FILED BY THE COMPANY TO STOCK EXCHANGE

(Format for filing the details of the shares pledged by the promoter or every person forming part of the promoter group by the company to the stock exchange(s) in terms of Regulations 8A(4)of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 1997) This report is required to be filed by the company every time when the aggregate quantity of shares pledged by the promoter / every person forming part of promoter group exceeds the limits specified in Regulation 8A(4) during a quarter. Date of Reporting Name of the company Total no. of outstanding shares of the company Name of the entity A Details of transaction(s) Date of transaction Number of shares pledged B Aggregate details after the transaction(s) Total no. of Information on pledge shares held Total No. % of total shares by the of shares pledged to total entity in pledged no. of shares held the by the entity in company the company (V) (IV) (VI) = (V) / (IV)

(II) (I) TOTAL

(III)

% of shares pledged to total no. of outstanding shares of the company (VII)

Notes: 1) Entity means Promoter or every person forming part of the Promoter Group 2) Details under (A) shall include chronological details of all individual transactions(s) in a quarter which when taken together exceeds the limit specified under Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. 3) Names of the promoter and promoter group shall be the same as appearing in other filings made with stock exchanges.