>INSIDE TRADING 19-12-2008

532351 Aksh Optifibre Ltd. Dr. Kailash S Choudhari 26/11/2008 - 10/12/2008 B 400000 7321906 12.41 532935 Aries Agro Limited, Dr. Jimmy Mirchandani 15/12/2008 B 23822 1785665 13.73 500039 Banco Products (India) Ltd., Vimal K. Patel. 15/12/2008 B 22940 4657196 6.55 512296 Bhagyanagar India Limited Surana Telecom And Power Ltd 07/12/2008 - 15/12/2008 B 146954 485474 0.65 531590 Bilpower Ltd. Suresh Kumar Choudhary. 16/12/2008 B 600 0.00 269705 2.56 532695 Celebrity Fashions Ltd. S Surya Narayanan 16/12/2008 - 17/12/2008 B 2671 40171 0.00 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltdq 12/12/2008 B 5704 0.01 3947266 6.52 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltd 15/12/2008 B 8863 0.01 3956129 6.54 517380 Igarashi Motors India Ltd. Tree Line Asia Master FD (Sing) Pte Ltd. 15/12/2008 S 270000 1.95 160000 1.15 532175 Infotech Enterprises Ltd. GA Global Investments Ltd. 09/12/2008 B 2724000 4.93 8197777 14.84 500875 ITC Ltd Mr. Anup Singh 12/12/2008 S 11000 192920 532940 J. Kumar Infraprojects Limited Reliance Long Term Equity Fund 10/12/2008 S 22002 0.11 670234 3.23 502937 Kesoram Industries Ltd Smt. Manjushree Khaitan 10/12/2008 B 13657 145719 0.31 502937 Kesoram Industries Ltd Smt. Manjushree Khaitan 11/12/2008 B 13469 159188 0.34 532732 Kewal Kiran Clothing Ltd. Mr. Dinesh P. Jain. 16/12/2008 B 6205 633455 5.14 512559 Kohinoor Foods Ltd Temptation Foods Ltd. 11/12/2008 S 120000 0.45 2630648 9.91 532924 Kolte-Patil Developers Ltd Satish Lal Tandon (HUF). 15/12/2008 - 16/12/2008 B 3000 0.00 3000 0.00 526642 Mirza International Limited Irshad Mirza 26/11/2008 - 10/12/2008 B 62457 6090132 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 2364 0.01 351378 1.81 515037 Murudeshwar Ceramics Ltd., ICG Q Limited -- S 562555 3.21 1069058 6.11 531157 Organic Coatings Ltd. Rajnikant K. Shah. 12/12/2008 B 15000 0.23 735350 11.02 531349 Panacea Biotec Ltd. First Lucre Partnership Co. 15/12/2008 B 5 414785 0.62 531120 Patel Engineering Ltd Patel Engg. Employee Welfare Trust 16/12/2008 B 5000 3365000 5.63 531120 Patel Engineering Ltd Ms. Sonal Patel 16/12/2008 - 17/12/2008 B 10000 149450 0.23 532884 Refex Refrigerants Ltd T. Anil Jain. 10/12/2008 B 75000 2987680 19.30 526407 Ritesh Properties & Industries Ltd Sanjeev Arora 08/12/2008 S 10220 1805887 15.58 526407 Ritesh Properties & Industries Ltd Sanjeev Arora 10/12/2008 S 50 1805837 15.58 500370 Salora International Limited Shri S R Jiwarajka 29/11/2008 - 03/12/2008 B 3844 0.04 166671 1.89 500370 Salora International Limited Shri S R Jiwarajka 05/12/2008 B 423 167094 1.89 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M Doshi 16/12/2008 B 1 1033461 20.66 532784 Sobha Developers Ltd. Dr. S K Gupta -- B 1500 1935 532784 Sobha Developers Ltd. Mr. N S Raghvan -- B 4000 12400 500404 Sunflag Iron & Steel Co. Ltd., Supra Corporation Ltd 17/12/2008 B 110124 0.06 3237786 1.99 532691 Tulip Telcom Ltd Merrill Lynch Cap Mkts ESPANA SA SV. 12/12/2008 B 400000 1.38 1592804 5.49 532953 V-Guard Industries Ltd. Kochouseph Chittilappilly 12/12/2008 - 15/12/2008 B 15500 6515610 21.83 518051 Vinay Cements Ltd., Mr. Jasmit Singh & Mrs. Jagdish Kaur. 01/10/2008 B 417000 2.21 1274759 6.74 511147 Wall Street Finance Ltd. Reliance Money Express Ltd. 16/12/2008 B 133557 1.15 4142410 35.63

B - Buy

S - Sale

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