>INSIDER TRADING 20-01-10(INNOVA e-services pvt ltd bought FCS Software)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
532666	FCS Software Solutions Ltd	Dhruwa Narain Rai	04/01/2010	S	100000	0.03	0	0.00	#
532666	FCS Software Solutions Ltd	Dhruwa Narain Rai	04/01/2010	S	100000	0.04	0	0.00	*
530315	Hindustan Tin Works Ltd	Atit Bhatia	06/01/2010	B	1000		89000	0.86	*
530315	Hindustan Tin Works Ltd	Atit Bhatia	06/01/2010	B	1000		89000	0.86	#
530315	Hindustan Tin Works Ltd	Saket Bhatia	06/01/2010	B	1000		77000	0.74	*
530315	Hindustan Tin Works Ltd	Saket Bhatia	06/01/2010	B	1000		77000	0.74	#
531146	Medicamen Biotech Ltd	Mrs Manju Bansal	02/02/2009 - 13/02/2009	B	7889		179583	2.32	#
531146	Medicamen Biotech Ltd	Mrs Manju Bansal	08/05/2009 - 11/11/2009	B	2862		182445	2.36	#
531146	Medicamen Biotech Ltd	Mrs Manju Bansal	17/12/2009	B	16000		198445	2.57	#
590028	Nicco Corporation Ltd	Nicco Restructuring Employees Trust Fund	--	B	3656307	3.88	3788841	4.02	#
532391	Opto Circuits (India) Ltd	Rajkumar Raisinghani	05/01/2010	S	2858		19000	0.01	#
532391	Opto Circuits (India) Ltd	Rajkumar Raisinghani	05/01/2010	S	2858		19000	0.01	*
526981	Shri Bajrang Alloys Ltd	Anand Goel	04/01/2010 - 05/01/2010	B	9000		221985	2.47	#
506985	Twilight Litaka Pharma Ltd	Sanjeev D Tole	29/12/2009 - 05/01/2010	S	8000		2000	0.01	#

532666	FCS SOFTWARE SOLUTIONS LTD.	Innova e-Services Pvt Ltd	13/11/2009	Acq	20000000	12.14	20000000	12.14	*
500174	GUJARAT LEASE FINANCING LTD.	Gujarat Industrial Investment Corporation Ltd	07/01/2010	Sale	417133	1.53	1861368	6.87	*
504920	JHAGADIA COPPER LTD.	Gujarat Industrial Investment Corporation Ltd	07/01/2010	Sale	297652	0.24	220845	0.17	*
523652	KALPENA PLASTIKS LTD.	Kalpena Industries Ltd	06/01/2010	Acq	2000000	36.17	2000000	36.17	*
523652	KALPENA PLASTIKS LTD.	Tara Holdings Pvt Ltd	06/01/2010	Acq	1260035	22.79	2000000	36.18	*

RESEARCH REPORTS