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AXIS IT&T                                                                             Close
AXIS IT&T - Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997

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 AXIS IT&T Ltd
Name of the acquirer and PACs with the acquirer Tayana Software Solutions Pvt Ltd
Details Number %
a) Shares / VR* before acquisition under consideration

9,956,204

49.88%
b) Shares / VR* acquired /(sold) 1,097,655 5.50%
c) Shares / VR* after acquisition / sale 11,053,859 55.38%
Mode of acquisition / sale 1520 Equity shares (from the holders of shares in physical form) were acquired under the open offer made pursuant to SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 and 1,096,135 Equity shares were acquired through an off market acquisition from the erstwhile promoters of Target company, in terms of a share purchase agreement.
Date of acquisition / sale of shares May 05, 2008
*VR - Voting Rights

BSE data sourced at 5 minutes delay, Service : BSE   -   www.bseindia.com

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