>INSIDER TRADING 11-05-09

530499	AK Capital Services Ltd	A K Mittal	06/05/2009	B	23649	0.36	385049	5.83
530499	AK Capital Services Ltd	First Rand (Ireland) Plc	30/03/2009 - 06/05/2009	S	156507	2.37	100566	1.52
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	06/05/2009	B	17991	0.27	630591	9.55
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	06/05/2009	B	11		12001134	47.39
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	07/05/2009	B	6883	0.03	12008017	47.42
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	04/05/2009	B	12000	0.05	3952000	17.96
532668	Aurionpro Solutions Ltd	Arisaig Partners (Asia) P Ltd	05/05/2009	B	65423
532668	Aurionpro Solutions Ltd	Arisaig Partners (Asia) P Ltd	05/05/2009	S	278236		408891	2.76
532454	Bharti Airtel Ltd	Vijaya Sampath	07/05/2009	S	20000		10000
511196	Can Fin Homes Ltd	Canara Bank	--	B	2785	0.01	8429645	41.15
523477	Gujarat Gas Company Ltd	Sugata Sircar	04/05/2009	B	165		171230	0.27
523477	Gujarat Gas Company Ltd	Sugata Sircar	04/05/2009	B	4835		171065	0.27
523477	Gujarat Gas Company Ltd	Sugata Sircar	05/05/2009	B	1126		176230	0.28
523477	Gujarat Gas Company Ltd	Sugata Sircar	05/05/2009	B	3874		175104	0.27
523477	Gujarat Gas Company Ltd	Sugata Sircar	06/05/2009	B	2500		178730	0.28
523477	Gujarat Gas Company Ltd	Sugata Sircar	06/05/2009	B	2500		181230	0.28
500267	Majestic Auto Ltd	Hero Cycles Ltd	--	S	20873	0.20	2931034	28.19
517334	Motherson Sumi Systems Ltd	Samvardhana Motherson Fin Ltd	04/05/2009	B	8950213	2.52	140838015	39.61
517334	Motherson Sumi Systems Ltd	Vaaman Auto Industry	04/05/2009	S	5664937	1.59	0	0.00
517334	Motherson Sumi Systems Ltd	Vivek Chaand Sehgal	04/05/2009	S	2186826	0.00	12757156	3.59
511551	Networth Stock Broking Ltd	Sathyan Rajan	07/05/2009	S	325040		100000	0.89
500540	Premier Ltd	Doshi Holdings Pvt Ltd	04/05/2009 - 05/05/2009	B	11822	0.04	12047461	39.66
500376	Satyam Computer Services Ltd	FMR LLC & PACs	09/04/2009	S	11842454	1.76	27057197	4.02

530499	AK Capital Services Ltd	A K Mittal	06/05/2009	Acq	23649	0.36	385049	5.83	#
530499	AK Capital Services Ltd	A K Mittal	06/05/2009	Acq	23649	0.36	385049	5.84	*
530499	AK Capital Services Ltd	Second Leasing P Ltd	06/05/2009	Acq	17991	0.27	630591	9.55	#
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	06/05/2009	Acq	17991	0.27	630591	9.55	*
530499	AK Capital Services Ltd	FirstRand (Ireland) Public Ltd Company	30/03/2009 - 06/05/2009	Sale	156507	2.37	100566	1.52	#
511589	Almondz Capital & Management Services Ltd	Innovative Money Matters Pvt Ltd & PACs	05/05/2009	Acq	10000	0.09	2169702	21.65	*
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	05/05/2009	Acq	576		12001123	47.39	#
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	06/05/2009	Acq	11		12001134	47.39	#
500012	Andhra Petrochemicals Ltd	Jocil Ltd	07/05/2009	Acq	42732	0.05	610096	0.71	*
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	06/05/2009	Acq	13050	0.06	3965050	18.02	*
590059	Bihar Tubes Ltd	APL Infrastructure PVt Ltd & PAC	04/05/2009	Acq	800000	3.94	7675000	37.81	#
590059	Bihar Tubes Ltd	APL Infrastructure Pvt Ltd & PACs	04/05/2009	Acq	800000	3.94	7675000	37.81	*
511196	Can Fin Homes Ltd	Canara Bank	07/05/2009	Acq	2785	0.01	8429645	41.15	#
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	29/04/2009 - 07/05/2009	Acq	536929	2.68	14662905	73.45	*
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	06/05/2009 - 07/05/2009	Acq	561000	0.29	10852600	5.59	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	06/05/2009 - 07/05/2009	Acq	561000	0.29	10852600	5.59	*
512559	Kohinoor Foods Ltd	Shri Jugal Kishore Arora	05/05/2009	Acq	100000	0.36	3241311	11.50	*
512559	Kohinoor Foods Ltd	Shri Satnam Arora	05/05/2009	Acq	184279	0.65	2638755	9.36	*
500267	Majestic Auto Ltd	Hero Cycles Ltd	07/05/2009	Sale	20873	0.20	2931034	28.19	#
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	06/05/2009	Acq	59029	0.02	35883447	12.41	#
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	21/04/2009	Acq	167506	0.06	35682418	12.35	#
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	23/04/2009	Acq	142000	0.05	35824418	12.39	#
532691	Tulip Telecom Ltd	Swiss Finance Corporation (M) Ltd	06/05/2009	Acq	79453	0.28	1524992	5.26	*

RESEARCH REPORTS

>INSIDER TRADING 08-05-09

532828	AMD Industries Ltd	Adit Gupta	06/05/2009	B	922		2408145	12.56
532828	AMD Industries Ltd	Harswarup Gupta	06/05/2009	B	3828		2265018	11.81
532935	Aries Agro Ltd	Dr. Rahul Mirchandani	17/04/2009	B	17518		639298	4.92
531937	Beckons Industries Ltd	Gurmeet Singh	16/04/2009	B	123500		1417660	5.26
532707	Dynemic Products Ltd	Lilaben D Patel	21/04/2009	S	58750		104750	0.92
532707	Dynemic Products Ltd	Mukeshkumar B Patel	13/04/2009 - 21/04/2009	S	60413		54168	0.47
532876	Everonn Systems India Ltd	Joe Thomas	09/04/2009	S	3000		158865	1.05
532876	Everonn Systems India Ltd	Joe Thomas	15/04/2009	S	3000		155865	1.03
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	04/05/2009	B	94500	0.47	14306858	71.67
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	05/05/2009	B	75500	0.38	0	0.00
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	06/05/2009	B	102547	0.51	14484905	72.56
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	29/04/2009	B	86382	0.43	0	0.00
522064	Honda Siel Power Products Ltd	Ajay Sheth & PAC	--	B	507475	5.00	507475	5.00
532174	ICICI Bank Ltd	Sandeep Bakhshi	04/05/2009	S	2000		48000
514165	Indian Acrylics Ltd	Dheeraj Garg	17/04/2009 - 20/04/2009	B	101699	0.08	889289	0.67
532777	Info Edge India Ltd	FMR LLC & PACs	05/05/2009	S	407648	1.49	1085946	3.98
532783	LT Foods Ltd	Ashok Arora	16/04/2009	B	20000		2164918	9.72
532783	LT Foods Ltd	Ashwani Arora	16/04/2009	B	3000		2171580	9.75
513269	Man Industries India Ltd	Priyal Mansukhani	08/04/2009	B	2500		901075	1.69
523704	Mastek Ltd	Ashank Desai	29/04/2009	S	62528		3125152	11.62
523704	Mastek Ltd	Samvitha Ram	29/04/2009	B	62528		103328	0.38
511688	Mathew Easow Research Securities Ltd	Mathew Easow Fiscal Services Ltd	01/04/2009	S	40		1512176	50.41
511688	Mathew Easow Research Securities Ltd	Mathew Easow Fiscal Services Ltd	24/02/2009 - 13/04/2009	B	25838	0.86	0
532819	MindTree Ltd	Vinod Deshmukh	04/05/2009 - 05/05/2009	S	8000		198909	0.52
522205	Praj Industries Ltd	Utpal Sheth	05/05/2009	B	200000	0.11	200000	0.11
500540	Premier Ltd	Doshi Holdings Pvt Ltd	09/04/2009 - 16/04/2009	B	12000	0.04	12022265	39.58
532643	Shree Ganesh Forgings Ltd	Akshatt Deepak Sekhri	--	B	18278		944560	7.56
532348	Subex Ltd	Subash Menon	04/05/2009	B	10736		2518236	7.22
532348	Subex Ltd	Subash Menon	05/05/2009	B	8656		2526892	7.25
532348	Subex Ltd	Sudesh Yezhuvath	04/05/2009	B	3600		369493	1.06
532348	Subex Ltd	Sudesh Yezhuvath	05/05/2009	B	2750		372243	1.06
532790	Tanla Solutions Ltd	Citigroup Global Mkt (M) P Ltd	17/04/2009	S	29493	0.03	5275576	5.28
532790	Tanla Solutions Ltd	Citigroup Global Mkt (M) P Ltd	17/04/2009	S	46024	0.05	5229552	5.23
531703	Tribhuvan Housing Ltd	C R Rajesh Nair	05/05/2009	B	1621000	16.19	2139664	21.37
505537	Zee Entertainment Enterprises Ltd	HDFC Arbitrage Fund	29/04/2009	B	39200	0.00	39200	0.00
505537	Zee Entertainment Enterprises Ltd	HDFC Growth Fund	29/04/2009	B	100000	0.02	4160179	0.95
505537	Zee Entertainment Enterprises Ltd	HDFC Growth Fund	29/04/2009	B	300000	0.06	300000	0.06
505537	Zee Entertainment Enterprises Ltd	HDFC Long Term Equity Fund	29/04/2009	B	500000	0.11	3059980	0.70

532114	Alchemist Realty Ltd	HS FII Investment Ltd	04/05/2009	Acq	4015000	5.42	7115000	9.60	#
500012	Andhra Petrochemicals Ltd	Jocil Ltd	04/05/2009	Acq	10053	0.01	467010	0.55	#
532994	Archidply Industries Ltd	Assam Timber Products P Ltd	06/05/2009	Acq	12000	0.05	3952000	17.96	#
511196	Can Fin Homes Ltd	Canara Bank	07/05/2009	Acq	2785	0.01	8429645	41.14	*
511196	Can Fin Homes Ltd	Canara Bank	20/04/2009	Acq	47000	0.22	8418571	41.09	*
531863	Gee Kay Finance & Leasing Company Ltd	Ajay Kumar Agarwal, Ajay Kumar Agarwal HUF	04/05/2009	Sale	272158	2.00	28842	0.23	*
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	05/05/2009 - 06/05/2009	Acq	178047	0.89	14484905	72.56	#
532786	Great Offshore Ltd	Dhanashree Properties P Ltd	06/05/2009	Acq	1710149	4.60	1710149	4.60	#
532786	Great Offshore Ltd	Natural Power Ventures P Ltd	06/05/2009	Acq	3823637	10.29	3823637	10.29	#
517271	HBL Power Systems Ltd	Reliance Capital Ltd	06/05/2009 - 07/05/2009	Acq	1894123	7.80	1894123	7.80	*
514165	Indian Acrylics Ltd	Dheeraj Garg	15/04/2009 - 16/04/2009	Acq	150579	0.11	787590	0.59	*
514165	Indian Acrylics Ltd	Dheeraj Garg & PAC	18/04/2009 - 20/04/2009	Acq	101699	0.08	69484290	52.90	#
524164	IOL Chemicals & Pharmaceuticals Ltd	IndiaSTAR (M) Ltd	21/04/2009	Acq	726664		3156664	14.88	*
524164	IOL Chemicals & Pharmaceuticals Ltd	Mayadevi Polycot Ltd, Varinder Gupta (PAC)	21/04/2009	Acq	1200000		10937953	51.55	*
523704	Mastek Ltd	Ashank Desai	29/04/2009	Sale	62528	0.23	3125152	11.62	#
523704	Mastek Ltd	Samvitha Ram	29/04/2009	Acq	62528	0.23	103328	0.38	#
532106	Rei Agro Ltd	Aspective Vanijya Pvt Ltd	06/05/2009	Acq	59029	0.02	35883447	12.41	*
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	21/04/2009	Acq	167506	0.05	35682418	12.34	*
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	23/04/2009	Acq	142000	0.05	35824418	12.39	*
526137	Shetron Ltd	Global Trade Finance Ltd	15/04/2009	Acq	1009523	11.21	1009523	11.21	*
500114	Titan Industries Ltd	HDFC Mutual Fund	04/05/2009	Acq	150000	0.33	2268569	5.11	*
531703	Tribhuvan Housing Ltd	C R Rajesh Nair & PAC	05/05/2009	Acq	1621000	16.19	3027066	33.23	#
531703	Tribhuvan Housing Ltd	C R Rajesh Nair & PAC	05/05/2009	Acq	1621000	16.19	3027066	33.23	*
505537	Zee Entertainment Enterprises Ltd	HDFC Mutual Fund	29/04/2009	Acq	939200	0.21	22639295	5.20	#

RESEARCH REPORTS