>INSIDER TRADING 01-06-10(Citibank, N.A. (as Trustee for Orbitech Ltd) sold POLARIS software)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
531761	Amulya Leasing & Finance Ltd	Imarti Devi	12/05/2010	S	150000	3.00	79400	1.58	#
530355	Asian Oilfield Services Ltd	Avinash Chandra Manchanda	10/05/2010	S	4000		8846	0.06	#
523100	Cosmo Ferrites Ltd	Andheri Properties & Finance Pvt Ltd	12/05/2010	B	232129	1.93	232129	1.93	#
500495	Escorts Ltd	Dr P S Pritam	31/03/2010	S	10000		500	0.00	#
509550	Gammon India Ltd	Sundaram BNP Paribas Mutual Fund	--	S	2563171	2.01	3595014	2.82	#
532622	Gateway Distriparks Ltd	Gopinath Pillai	12/05/2010 - 13/05/2010	B	25000		741000	0.69	#
532622	Gateway Distriparks Ltd	Gopinath Pillai	12/05/2010 - 13/05/2010	B	25000		741000	0.69	*
532909	Grabal Alok Impex Ltd	Niraj Realtors & Shares Pvt Ltd	17/11/2009 - 11/05/2010	B	491000	2.18	2295020	10.21	#
532015	Gravity India Ltd	Dakshaben R Thakkar	28/04/2010	B	1000		120805	1.34	#
532015	Gravity India Ltd	Dakshaben R Thakkar	29/04/2010	B	4600		125405	1.39	#
532015	Gravity India Ltd	Dakshaben R Thakkar	30/04/2010	B	2000	0.02	127405	1.42	#
532216	HB Stockholdings Ltd	Mrs Anju Bhasin	11/05/2010 - 14/05/2010	B	15720	0.07	41709	0.17	#
530315	Hindustan Tin Works Ltd	Atit Bhatia	14/05/2010	B	700		92200	0.89	*
530315	Hindustan Tin Works Ltd	Atit Bhatia	14/05/2010	B	700		92200	0.89	#
530315	Hindustan Tin Works Ltd	Manju Bhatia	14/05/2010	B	1000		131300	1.26	*
530315	Hindustan Tin Works Ltd	Manju Bhatia	14/05/2010	B	1000		131300	1.26	#
530315	Hindustan Tin Works Ltd	Saket Bhatia	14/05/2010	B	800		79800	0.77	*
530315	Hindustan Tin Works Ltd	Saket Bhatia	14/05/2010	B	800		79800	0.77	#
524019	Hydro S & S Industries Ltd	Machino Finance Pvt Ltd	11/05/2010	S	60000	0.93	673908	10.52	#
524019	Hydro S & S Industries Ltd	Machino Finance Pvt Ltd	12/05/2010	S	136500	2.13	537408	8.39	#
532942	KNR Constructions Ltd	J V Panindra Reddy	14/05/2010	B	10650		1842765	6.55	#
524000	Magma Fincorp Ltd	Citigroup Global Mkt (Mauritius) Pvt Ltd	14/05/2010	B	1178738		1928738		#
524000	Magma Fincorp Ltd	Wellington Management Co, LLP	10/05/2010	B	1128900		2557329	9.90	#
524000	Magma Fincorp Ltd	Wellington Management Co, LLP, on behalf of Bay Pond Partners L P	10/05/2010	B	752600	2.91	1720972		#
533088	Mahindra Holidays & Resorts India Ltd	A K Nanda	14/05/2010	S	10000		347517	0.41	#
513023	Nava Bharat Ventures Ltd	T Hari Babu	13/05/2010	S	368		4572	0.00	*
513023	Nava Bharat Ventures Ltd	T Hari Babu	13/05/2010	S	368		4572	0.00	#
513023	Nava Bharat Ventures Ltd	T Hari Babu	14/05/2010	S	1132		3440	0.00	*
513023	Nava Bharat Ventures Ltd	T Hari Babu	14/05/2010	S	1132		3440	0.00	#
532864	Nelcast Ltd	P Vijaya Bhaskar Reddy	12/05/2010	B	2398		109860	0.63	#
500307	Nirlon Ltd	Mrs Mallika V Advani	30/04/2010	B	26574		167065	0.29	#
532254	Polaris Software Lab Ltd	Citibank, N.A. (as Trustee for Orbitech Ltd)	28/04/2010 - 13/05/2010	S	2539178	2.56			#
532810	Power Finance Corporation Ltd	B Praveen	11/05/2010 - 13/05/2010	S	1800		1886		*
532810	Power Finance Corporation Ltd	Prashant Moundekar	13/05/2010	S	2353		1582		*
500337	Prime Securities Ltd	R Ramachandran	27/04/2010	B	76700	0.29	76700	0.29	#
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	11/05/2010	B	225	0.00	6142242	37.39	#
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	11/05/2010	B	900	0.00	6143142	37.39	#
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	12/05/2010	B	1732	0.01	6146874	37.41	#
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	12/05/2010	B	2000	0.01	6145142	37.40	#
500376	Satyam Computer Services Ltd	G Rajalingam	--						#
500376	Satyam Computer Services Ltd	JB Sai Sirisha	--						#
500376	Satyam Computer Services Ltd	K Venkatesh	--						#
500376	Satyam Computer Services Ltd	Shirley Abraham	--						#
500376	Satyam Computer Services Ltd	Sirisha Sankara	--						#
532833	Sparsh BPO Services Ltd	Kapil Puri (Revised)	26/04/2010 - 27/04/2010	B	62995	0.39	1018993	6.31	#
532874	Suryachakra Power Corporation Ltd	Mrs M Mangatayaru	14/05/2010	B	4600		1620237	2.11	#
532398	Usha Martin Education & Solutions Ltd	Raju Babu Sinha	07/04/2010	B	5000		5000		#
532398	Usha Martin Education & Solutions Ltd	Raju Babu Sinha	15/04/2010	B	79000		84000		#

531761	AMULYA LEASING & FINANCE LTD.	Imarti Devi	12/05/2010	Sale	150000	3.00	79400	1.58	#
531761	AMULYA LEASING & FINANCE LTD.	Imarti Devi	12/05/2010	Sale	150000	3.00	79400	1.58	*
532909	GRABAL ALOK IMPEX LTD.	Niraj Realtors & Shares Pvt Ltd	17/11/2009 - 11/05/2010	Acq	491000	2.18	2295020	10.21	#
532909	GRABAL ALOK IMPEX LTD.	Niraj Realtors & Shares Pvt Ltd	17/11/2009 - 11/05/2010	Acq	491000	2.18	2295020	10.21	*
502937	KESORAM INDUSTRIES LTD.	ECE Industries Ltd	14/05/2010	Sale	2000	0.00	208800	4.45	*
524000	MAGMA FINCORP LTD.	Wellington Management Co, LLP, on behalf of Bay Pond Partners L P	10/05/2010	Acq	752600	2.91	1720972	6.66	#
524000	MAGMA FINCORP LTD.	Citigroup Global Mkt (Mauritius) Pvt Ltd	14/05/2010	Acq	1178738	4.56	1928738	7.46	#
500267	MAJESTIC AUTO LTD.	Anadi Investments Pvt Ltd	31/05/2010	Acq	7737541	74.42	7757688	74.61	@
532254	POLARIS SOFTWARE LAB LTD.	Orbitech Ltd & PAC	28/04/2010 - 13/05/2010	Sale	2539178	2.56	23285621	23.52	#
532527	RAMKRISHNA FORGINGS LTD.	Riddhi Portfolio (P) Ltd & PACs	11/05/2010 - 12/05/2010	Acq	4857	0.03	8439981	51.37	#
532890	TAKE SOLUTIONS LTD.	Passport India Investments (Mauritius) Ltd	13/05/2010	Sale	301764	0.25	6003255	4.90	*

RESEARCH REPORTS