>INSIDER TRADING 08-06-09

519183	Adf Foods Ltd	Parul B Thakkar	29/05/2009	B	50		210652	1.19
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	28/05/2009	B	10000	0.04	12160673	48.02
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	28/05/2009	B	13106	0.05	12173779	48.07
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	29/05/2009	B	10000	0.04	12183779	48.11
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	29/05/2009	B	7500	0.03	12191279	48.14
500425	Ambuja Cements Ltd	Arun Kumar Sarkar	01/06/2009	S	2000		32415
500425	Ambuja Cements Ltd	Arun Kumar Sarkar	02/06/2009	S	7000		25415
500425	Ambuja Cements Ltd	Arun Kumar Sarkar	20/05/2009	S	4000		34415
500425	Ambuja Cements Ltd	B L Taparia	--	B	187500		533750	0.03
500425	Ambuja Cements Ltd	B L Taparia	01/06/2009	S	20000		513750	0.03
500425	Ambuja Cements Ltd	Girish Gangal	01/06/2009 - 02/06/2009	S	5000		5000
500425	Ambuja Cements Ltd	N P Ghuwalewala	01/06/2009	S	15000		360000
500425	Ambuja Cements Ltd	Rajendra P Anjaria	01/06/2009 - 02/06/2009	S	12449		19551
532828	AMD Industries Ltd	Harswarup Gupta	05/06/2009	B	5000		2339561	12.20
532994	Archidply Industries Ltd	Assam Timber Product Pvt Ltd	03/06/2009	B	6225	0.03	4208145	19.12
532678	Bombay Rayon Fashions Ltd	JM Financial Mutual Fund	27/05/2009	S	71300	0.10	3603918	5.22
532801	Cambridge Technology Enterprises Ltd	Y Ramesh Reddy	04/06/2009	B	100000		100650	0.64
517514	D&H Welding Electrodes India Ltd	Harsh Vora HUF	03/06/2009	B	40000		48600	0.83
532696	Educomp Solutions Ltd	Soumya Kanti Purkayastha	02/06/2009	S	500	0.00	260	0.00
524768	Emmessar Biotech & Nutrition Ltd	MSR Ayyangar	29/05/2009	B	300	0.01	74112	1.48
532857	Glory Polyfilms Ltd	Yogesh P Kela	25/05/2009	S	20000		4767600	27.97
532857	Glory Polyfilms Ltd	Yogesh P Kela	29/05/2009	S	24265		4717600	27.00
532857	Glory Polyfilms Ltd	Yogesh P Kela	29/05/2009	S	25735		4741865	27.14
526683	Hotel Rugby Ltd	Darshana M Thacker	01/06/2009	S	75000		7929012	55.35
500187	HSIL Ltd	Paco Exports Ltd	27/05/2009	B	31720	0.06	20297685	36.89
500187	HSIL Ltd	Soma Investments Ltd	27/05/2009	B	30000	0.05	3919232	7.12
522059	Indage Vintners Ltd	Sonata Investments Ltd	28/05/2009	S	820000	5.37	0	0.00
532100	Indo City Infotech Ltd	Shashi Jain	28/05/2009 - 29/05/2009	B	42500		1087500	10.46
500165	Kansai Nerolac Paints Ltd	Devendra Motilal Kothari	01/06/2009	S	2100		1265	0.00
500165	Kansai Nerolac Paints Ltd	Indu Devendra Kothari	01/06/2009	S	1800		3813	0.00
532778	Lanco Infratech Ltd	D V Rao	02/06/2009	S	2000		194325
532778	Lanco Infratech Ltd	D V Rao	02/06/2009	S	5000		189325
500257	Lupin Ltd	Sunil Makharia	05/06/2009	S	200		0
500520	Mahindra & Mahindra Ltd	Arun Kumar Nanda	02/06/2009	S	6600	0.00	191264	0.07
500520	Mahindra & Mahindra Ltd	Bharat N Doshi	03/06/2009	S	4000	0.00	247516	0.09
524794	Matrix Laboratories Ltd	Dr Umamaheswara Rao	01/06/2009	S	11851		0	0.00
524794	Matrix Laboratories Ltd	MP Laboratories (M) Ltd	03/06/2009	B	27053416		137078050	88.66
531453	Mohit Industries Ltd	Narayan Saboo	27/05/2009	B	2917		413709	3.55
531453	Mohit Industries Ltd	Narayan Saboo	28/05/2009	B	1542		415251	3.56
531453	Mohit Industries Ltd	Narayan Saboo	28/05/2009	B	5618		420869	3.61
531453	Mohit Industries Ltd	Narayan Saboo	29/05/2009	B	7071		427940	3.67
513446	Monnet Ispat Ltd	Copthall Mauritius Inv Ltd	--	S	100000	0.21	1670105	3.48
500075	Nagarjuna Fertilizers & Chemicals Ltd	Chinnar Securities Pvt Ltd	05/06/2009	S	4034100	0.94	0	0.00
500075	Nagarjuna Fertilizers & Chemicals Ltd	KRR Holdings Pvt Ltd	05/06/2009	S	8241650	1.92	0	0.00
500075	Nagarjuna Fertilizers & Chemicals Ltd	KS Raju & Associates Holdings Pvt Ltd	05/06/2009	S	12912054	3.02	0	0.00
500075	Nagarjuna Fertilizers & Chemicals Ltd	Nagarjuna Management Services Pvt Ltd	05/06/2009	B	36588804	8.54	87034762	20.32
500075	Nagarjuna Fertilizers & Chemicals Ltd	Saveri Chemicals Pvt Ltd	05/06/2009	S	11401000	2.66	0	0.00
532798	Network 18 Media & Investments Ltd	Reliance Capital Ltd	14/05/2007 - 04/06/2009	B	2675000		5230000
500307	Nirlon Ltd	Mallika V Advani	02/06/2009	B	25441		373700	0.64
533008	OCL Iron and Steel Ltd	R H Dalmia	29/05/2009	S	13414316		48928854	36.48
532466	Oracle Financial Services Software Ltd	Dinesh V Shetty	03/06/2009	S	1000		8000
532466	Oracle Financial Services Software Ltd	Hariharan Sankaran	--	S	760		55427
532817	Oriental Trimex Ltd	Rajesh Kumar Punia	29/05/2009	B	9666		2405741	16.23
500366	Rolta India Ltd	Morgan Stanely & Co Int Plc a/c Morgan Stanely (M) Co Ltd	02/06/2009	B	4015681
500366	Rolta India Ltd	Morgan Stanely & Co Int Plc a/c Morgan Stanely (M) Co Ltd	02/06/2009	S	167400		9856605	6.12
524446	Sabero Organics Gujarat Ltd	Clearwater Capital Partners (Cyprus) Ltd	02/06/2009	S	250000	0.85	2680505	9.18
532886	SEL Manufacturing Company Ltd	Mavi Investment Fund Ltd	--	S	200000	1.16	703609	4.10
502742	Sintex Industries Ltd	BVM Finance Pvt Ltd	26/05/2009	B	50000		31899765	23.37
526133	Supertex Industries Ltd	Super Infincon Pvt Ltd	--	B	219226	2.23	2413487	24.52
590020	Tera Software Ltd	T Gopichand	12/05/2009 - 22/05/2009	B	43738	0.35	2090714	16.71
531390	Upsurge Investment & Finance Ltd	D K Goyal HUF	01/06/2009	B	16995	0.19	450000	4.92
532648	Yes Bank Ltd	Russell AIF Capital Inc	04/05/2009 - 04/06/2009	S	6299751		8700249

532799	Akruti City Ltd	Cello Pens & Stationery Pvt Ltd	03/06/2009	Sale	667000	1.00	4167000	6.24	*
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	28/05/2009	Acq	23106	0.09	12173779	48.07	#
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	28/05/2009	Acq	23106	0.09	12173779	48.07	*
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	29/05/2009	Acq	17500	0.07	12191279	48.14	#
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	29/05/2009	Acq	17500	0.07	12191279	48.14	*
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	03/06/2009	Acq	6225	0.03	4208145	19.12	#
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	05/06/2009	Acq	20860	0.10	4229005	19.22	*
526821	Dai-Ichi Karkaria Ltd	Ashokkumar Parmar	19/07/2007 - 28/05/2009	Acq	760640	10.00	760640	10.00	#
506401	Deepak Nitrite Ltd	Forex Leafin Pvt Ltd	05/06/2009	Acq	4978	0.05	174978	1.96	*
506401	Deepak Nitrite Ltd	Forex Leafin Pvt Ltd	25/05/2009	Acq	105000	1.17	170000	1.90	#
506401	Deepak Nitrite Ltd	Pranawa Leafin Pvt Ltd	25/05/2009	Acq	105000	1.17	173000	1.93	#
500187	HSIL Ltd	Paco Exports Ltd & PACs	01/06/2009	Acq	10000	0.02	33283903	60.49	*
500187	HSIL Ltd	Paco Exports Ltd & Soma Inv Ltd & PACS	27/05/2009	Acq	61720	0.11	33232140	60.39	#
532100	Indo City Infotech Ltd	Shashi Jain	28/05/2009 - 29/05/2009	Acq	42500	0.41	1087500	10.46	*
514034	JBF Industries Ltd	Bhagirath C Arya	01/06/2009	Acq	1000000	1.61	22984123	36.93	#
514034	JBF Industries Ltd	Vidic Resources Pvt Ltd	02/06/2009	Acq	2852804	4.59	3333804	5.36	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	03/06/2009 - 04/06/2009	Acq	700	0.00	12200732	6.28	*
524794	Matrix Laboratories Ltd	MP Laboratories (Mauritius) Ltd	03/06/2009	Acq	27053416	17.50	137078050	88.66	#
500075	Nagarjuna Fertilizers & Chemicals Ltd	Chinnar Sec Pvt Ltd	05/06/2009	Sale	4034100	0.94	0	0.00	*
500075	Nagarjuna Fertilizers & Chemicals Ltd	K S Raju & Associates Holdings Pvt Ltd	05/06/2009	Sale	12912054	3.02	0	0.00	*
500075	Nagarjuna Fertilizers & Chemicals Ltd	KRR Holdings Pvt Ltd	05/06/2009	Sale	8241650	1.92	0	0.00	*
500075	Nagarjuna Fertilizers & Chemicals Ltd	Nagarjuna Management Services Pvt Ltd	05/06/2009	Acq	36588804	8.54	87034762	20.32	*
500075	Nagarjuna Fertilizers & Chemicals Ltd	Saveri Chemicals Pvt Ltd	05/06/2009	Sale	11401000	2.66	0	0.00	*
500366	Rolta India Ltd	Morgan Stanely & Co Int Plc a/c	04/06/2009	Acq	3848281	2.39	9856605	6.12	#
526161	Spenta International Ltd	Danny Hansotia	29/05/2009	Acq	8316	0.26	701862	22.55	*
523363	Sterling Holiday Resorts India Ltd	Blue Ocean Investment Trust	04/06/2009	Acq	1644300	3.43	2835608	5.92	*
521022	Suryajyoti Spinning Mills Ltd	Mavi Investment Fund Ltd	03/08/2007 - 20/05/2009	Acq	1036608		1036608	6.42	*
590020	Tera Software Ltd	T Gopichand	--	Acq	43738	0.35	2090714	16.71	*
590020	Tera Software Ltd	T Gopichand	12/05/2009 - 22/05/2009	Acq	43738	0.35	2090714	16.71	#
526921	Twentyfirst Century Management Services Ltd	Twentyfirst Century Money Growth Fund Ltd	05/06/2009	Sale	25920	0.25	591198	5.63	*
504605	Uni Abex Alloy Products Ltd	Firoze Adi Vakil	05/06/2009	Acq	721	0.04	9115	0.46	*
531390	Upsurge Investment & Finance Ltd	D K Goyal HUF	01/06/2009	Acq	16995	0.19	450000	4.92	#
531390	Upsurge Investment & Finance Ltd	D K Goyal HUF	01/06/2009	Acq	16995	0.19	450000	4.92	*
512217	Woolite Mercantile Company Ltd	Umesh Chamdia	29/05/2009	Acq	55912	2.81	1205382	60.51	*

RESEARCH REPORTS

>INSIDER TRADING 05-06-09

500425	Ambuja Cements Ltd	Girish Gangal	29/05/2009	S	7000		10000
500425	Ambuja Cements Ltd	Rajendra P Anjaria	19/05/2009 - 20/05/2009	S	9000		32000
500877	Apollo Tyres Ltd	Compagnie Financiere Michelin	--	S	16917468	3.36	40207532	7.98
504028	GEE Ltd	Vidya Finvest Pvt Ltd	04/06/2009	B	29166		4190834	22.17
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	01/06/2009	B	19999		296367	0.46
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	01/06/2009	B	5001		301368	0.47
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	02/06/2009	B	6199		315512	0.49
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	02/06/2009	B	7945		309313	0.48
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	03/06/2009	B	10000		340512	0.53
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	03/06/2009	B	15000		330512	0.51
519552	Heritage Foods India Ltd	Arisaig Partners (Asia) Pte Ltd	25/05/2009	B	123699
519552	Heritage Foods India Ltd	Arisaig Partners (Asia) Pte Ltd	25/05/2009	S	884826		65798	0.57
519552	Heritage Foods India Ltd	Nirvana Holdings Pvt Ltd	25/05/2009	B	577543
519552	Heritage Foods India Ltd	Nirvana Holdings Pvt Ltd	25/05/2009	S	2543		1286421	11.15
514165	Indian Acrylics Ltd	Dheeraj Garg	03/06/2009	B	120000	0.09	1025944	0.78
500247	Kotak Mahindra Bank Ltd	Jishma Saraiya	02/06/2009	S	780		0
500247	Kotak Mahindra Bank Ltd	Paul Parambi	29/05/2009	S	3800		4245
500247	Kotak Mahindra Bank Ltd	S B Raichur	29/05/2009	S	4000		30339
500247	Kotak Mahindra Bank Ltd	Shanti Ekambaram	29/05/2009	S	2500		200800
500247	Kotak Mahindra Bank Ltd	Udayan Sharma	28/05/2009	S	1000		2300
500247	Kotak Mahindra Bank Ltd	Vikram Sud	29/05/2009	S	30000		50337
500257	Lupin Ltd	Shrikant Kulkarni	03/06/2009	S	200		990	0.00
500271	Max India Ltd	P V T Investment Ltd	26/05/2009	B	18855	0.00	1073505	0.48
523385	Nilkamal Ltd	Arisaig Partners (Asia) Pte Ltd	01/06/2009	B	24835
523385	Nilkamal Ltd	Arisaig Partners (Asia) Pte Ltd	01/06/2009	S	317783		926430	7.25
532466	Oracle Financial Services Software Ltd	Varun Rajpal	02/06/2009	S	1000		1000
532466	Oracle Financial Services Software Ltd	Vijay Sharma	03/06/2009	S	500		34850
532827	Page Industries Ltd	Nari Genomal	01/06/2009	S	2668		2415959	22.66
532827	Page Industries Ltd	Ramesh Genomal	01/06/2009	S	1561		2416758	21.66
532827	Page Industries Ltd	Ramesh Genomal	28/05/2009	S	1010		2418319	21.68
532827	Page Industries Ltd	Sunder Genomal	01/06/2009	S	2804		2415657	21.65
532827	Page Industries Ltd	Sunder Genomal	28/05/2009	S	47		2418461	21.68
513414	Sujana Metal Products Ltd	Yalamanchili Fin & Trading (P) Ltd	03/06/2009	B	190000	0.27	15471897	22.34
531703	Tribhuvan Housing Ltd	Anand Agrawal	05/05/2009	S	480000	4.79	0	0.00
531703	Tribhuvan Housing Ltd	Ashok Agrawal	05/05/2009	S	25600	0.26	0	0.00
531703	Tribhuvan Housing Ltd	Dinesh Agrawal	05/05/2009	S	175600	1.75	0	0.00
531703	Tribhuvan Housing Ltd	Kamal Agrawal	05/05/2009	S	190000	1.90	0	0.00
531703	Tribhuvan Housing Ltd	Kapil Goyal	05/05/2009	S	300000	3.00	0	0.00
531703	Tribhuvan Housing Ltd	Sangita Agrawal	05/05/2009	S	260000	2.60	0	0.00
531703	Tribhuvan Housing Ltd	Shriram Goyal	05/05/2009	S	189800	1.90	0	0.00

500425	Ambuja Cements Ltd	Girish Gangal	29/05/2009	S	7000		10000
500425	Ambuja Cements Ltd	Rajendra P Anjaria	19/05/2009 - 20/05/2009	S	9000		32000
500877	Apollo Tyres Ltd	Compagnie Financiere Michelin	--	S	16917468	3.36	40207532	7.98
504028	GEE Ltd	Vidya Finvest Pvt Ltd	04/06/2009	B	29166		4190834	22.17
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	01/06/2009	B	19999		296367	0.46
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	01/06/2009	B	5001		301368	0.47
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	02/06/2009	B	6199		315512	0.49
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	02/06/2009	B	7945		309313	0.48
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	03/06/2009	B	10000		340512	0.53
523477	Gujarat Gas Company Ltd	GGCL Employee Welfare Stock Option Trust	03/06/2009	B	15000		330512	0.51
519552	Heritage Foods India Ltd	Arisaig Partners (Asia) Pte Ltd	25/05/2009	B	123699
519552	Heritage Foods India Ltd	Arisaig Partners (Asia) Pte Ltd	25/05/2009	S	884826		65798	0.57
519552	Heritage Foods India Ltd	Nirvana Holdings Pvt Ltd	25/05/2009	B	577543
519552	Heritage Foods India Ltd	Nirvana Holdings Pvt Ltd	25/05/2009	S	2543		1286421	11.15
514165	Indian Acrylics Ltd	Dheeraj Garg	03/06/2009	B	120000	0.09	1025944	0.78
500247	Kotak Mahindra Bank Ltd	Jishma Saraiya	02/06/2009	S	780		0
500247	Kotak Mahindra Bank Ltd	Paul Parambi	29/05/2009	S	3800		4245
500247	Kotak Mahindra Bank Ltd	S B Raichur	29/05/2009	S	4000		30339
500247	Kotak Mahindra Bank Ltd	Shanti Ekambaram	29/05/2009	S	2500		200800
500247	Kotak Mahindra Bank Ltd	Udayan Sharma	28/05/2009	S	1000		2300
500247	Kotak Mahindra Bank Ltd	Vikram Sud	29/05/2009	S	30000		50337
500257	Lupin Ltd	Shrikant Kulkarni	03/06/2009	S	200		990	0.00
500271	Max India Ltd	P V T Investment Ltd	26/05/2009	B	18855	0.00	1073505	0.48
523385	Nilkamal Ltd	Arisaig Partners (Asia) Pte Ltd	01/06/2009	B	24835
523385	Nilkamal Ltd	Arisaig Partners (Asia) Pte Ltd	01/06/2009	S	317783		926430	7.25
532466	Oracle Financial Services Software Ltd	Varun Rajpal	02/06/2009	S	1000		1000
532466	Oracle Financial Services Software Ltd	Vijay Sharma	03/06/2009	S	500		34850
532827	Page Industries Ltd	Nari Genomal	01/06/2009	S	2668		2415959	22.66
532827	Page Industries Ltd	Ramesh Genomal	01/06/2009	S	1561		2416758	21.66
532827	Page Industries Ltd	Ramesh Genomal	28/05/2009	S	1010		2418319	21.68
532827	Page Industries Ltd	Sunder Genomal	01/06/2009	S	2804		2415657	21.65
532827	Page Industries Ltd	Sunder Genomal	28/05/2009	S	47		2418461	21.68
513414	Sujana Metal Products Ltd	Yalamanchili Fin & Trading (P) Ltd	03/06/2009	B	190000	0.27	15471897	22.34
531703	Tribhuvan Housing Ltd	Anand Agrawal	05/05/2009	S	480000	4.79	0	0.00
531703	Tribhuvan Housing Ltd	Ashok Agrawal	05/05/2009	S	25600	0.26	0	0.00
531703	Tribhuvan Housing Ltd	Dinesh Agrawal	05/05/2009	S	175600	1.75	0	0.00
531703	Tribhuvan Housing Ltd	Kamal Agrawal	05/05/2009	S	190000	1.90	0	0.00
531703	Tribhuvan Housing Ltd	Kapil Goyal	05/05/2009	S	300000	3.00	0	0.00
531703	Tribhuvan Housing Ltd	Sangita Agrawal	05/05/2009	S	260000	2.60	0	0.00
531703	Tribhuvan Housing Ltd	Shriram Goyal	05/05/2009	S	189800	1.90	0	0.00

RESEARCH REPORTS

>INSIDER TRADING 04-06-09

519183	Adf Foods Ltd	Mahalaxmi R Thakkar	26/05/2009 - 27/05/2009	B	16733		141628	0.80
530715	Alps Industries Ltd	Beaumaris Inv Ltd	27/05/2009	S	1200000	3.48	1886826	5.47
532995	Avon Corporation Ltd	Pankaj Saraiya	27/05/2009	B	15558		6790441	40.95
500085	Chambal Fertilisers & Chemicals Ltd	H S Bawa	27/05/2009 - 28/05/2009	B	21000		110500	0.03
512018	CNI Research Ltd	Shreenath Finstock Pvt Ltd	27/05/2009	B	2290	0.01	3941163	12.88
512018	CNI Research Ltd	Shreenath Finstock Pvt Ltd	28/05/2009	B	24476	0.08	3965639	12.96
532419	D-Link India Ltd	Platinum Investment Management Ltd	27/05/2009	S	80000	0.27	1051596
500645	Deepak Fertilisers & Petrochemicals Corporation Ltd	Franklin Templeton Mutual Fund	01/06/2009	S	636495	0.72	4469981	5.07
532526	Dishman Pharmaceuticals & Chemicals Ltd	Mr Arpit J Vyas	--	S
509130	Dunlop India Ltd	Kanpur Properties & Finance (P) Ltd	02/06/2009	B	1297908	1.80	3937123	5.47
504000	Elpro International Ltd	Faridabad Inv Co Ltd	--	B	14000	0.32	1725642	39.98
524768	Emmessar Biotech & Nutrition Ltd	MSR Ayyangar	28/05/2009	B	218	0.00	73811	1.48
524768	Emmessar Biotech & Nutrition Ltd	MSR Ayyangar	29/05/2009	B	1	0.00	73812	1.48
500163	Godfrey Phillips India Ltd	Darius Erach Udwadia	28/05/2009	S	1200	0.01	0	0.00
500163	Godfrey Phillips India Ltd	Dinyar Sohrab Devitre	28/05/2009	S	2000	0.02	0	0.00
500163	Godfrey Phillips India Ltd	K K Modi Inv & Fin Services Pvt Ltd	28/05/2009	B	1126609	10.83	1168759	11.24
500163	Godfrey Phillips India Ltd	Philip Morris International Fin Cor	28/05/2009	S	1122201	10.79	2610095	25.10
500163	Godfrey Phillips India Ltd	Rajendra Ambalal Shah	28/05/2009	S	1208	0.01	0	0.00
505726	IFB Industries Ltd	Goutam Ray Chowdhury	03/06/2009	B	12500		12500
505726	IFB Industries Ltd	Somnath Bhattacharya	03/06/2009	B	12500		12500
522059	Indage Vintners Ltd	Arisaig Partners (Asia) Pte Ltd	22/05/2009	B	70000
522059	Indage Vintners Ltd	Arisaig Partners (Asia) Pte Ltd	22/05/2009	S	522934		947066	6.20
532947	IRB Infrastructure Developers Ltd	Dattatraya P Mhaiskar	01/06/2009	S	529826		30525813	9.18
502901	Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd	Navratan Damani	28/05/2009	S	2150	0.03	608647	8.70
502901	Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd	Premratan Damani	28/05/2009	B	20000	0.28	1018090	14.54
513250	Jyoti Structures Ltd	Reliance Cap Ltd	20/05/2009	B	239702	0.29	4148103	5.08
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	01/06/2009 - 02/06/2009	B	575	0.00	12200032	6.28
532924	Kolte Patil Developers Ltd	Satishlal Tandon HUF	01/06/2009	B	2000		6500	0.08
526209	KS Oils Ltd	Citigroup Venture Cap International Growth Partnership & PACs	28/05/2009	S	8000000		28843702	8.10
500257	Lupin Ltd	Satish Khanna	02/06/2009 - 03/06/2009	S	1500		3500	0.00
500257	Lupin Ltd	Shrikant Kulkarni	02/06/2009	S	100		1190	0.00
500257	Lupin Ltd	Udayan S Ambegaokar	02/06/2009	S	200		5350	0.01
590011	Moving Picture Company India Ltd	Consolidated Securities Ltd	22/05/2009	S	342000	2.59	2103991	15.90
590011	Moving Picture Company India Ltd	Consolidated Securities Ltd	25/05/2009 - 26/05/2009	S	493074	3.73	1610917	12.18
511551	Networth Stock Broking Ltd	Sathyan Rajan	02/06/2009	S	72874		27126	0.24
511551	Networth Stock Broking Ltd	Sathyan Rajan	03/06/2009	S	1000		26126	0.23
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	25/05/2009	B	84		200000	4.27
504058	Nippo Batteries Company Ltd	Daiwa Sec SMBC Co Ltd	21/05/2009	S	27209	0.73	271682	7.24
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	22/05/2009	B	5217	0.02	3563864	15.11
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	25/05/2009	B	5000	0.02	3568864	15.13
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	26/05/2009	B	4129	0.02	3572993	15.15
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	27/05/2009	B	9528	0.04	3582521	15.19
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	28/05/2009	B	12000	0.05	3594521	15.24
530695	Prime Property Development Corporation Ltd	Minal Finances Pvt Ltd	27/05/2009	S	53582	0.26	1013272	5.07
530695	Prime Property Development Corporation Ltd	Minal Finances Pvt Ltd	28/05/2009	S	51418	0.25	961854	4.81
530695	Prime Property Development Corporation Ltd	Minal Finances Pvt Ltd	29/05/2009	S	3000	0.01	958854	4.79
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	09/04/2009	B	2500		9231290	46.16
531273	Radhe Developers India Ltd	Ashish P Patel	20/05/2009	B	3437		1978901	19.44
530073	Sanghvi Movers Ltd	Ramchandra Shankar Desai	02/06/2009	S	1000	0.00	4005	0.00
531390	Upsurge Investment & Finance Ltd	Anurag Gupta	26/05/2009 - 27/05/2009	B	72465	0.79	327462	3.58
532917	Varun Industries Ltd	Kailash S Agarwal	26/05/2009	B	25000		5816880	26.30
532917	Varun Industries Ltd	Kiran N Mehta	26/05/2009	B	25000		8461920	38.26

531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & Mrs S Jayalakshmi	02/06/2009	Acq	764	0.01	785701	11.14	*
532995	Avon Corporation Ltd	Pankaj P Saraiya	27/05/2009	Acq	15558	0.09	6790441	40.95	#
532995	Avon Corporation Ltd	Pankaj P Saraiya	27/05/2009	Acq	15558	0.09	6790441	40.95	*
512018	CNI Research Ltd	Shreenath Finstock Pvt Ltd	27/05/2009	Acq	2290		3941163		#
512018	CNI Research Ltd	Shreenath Finstock Pvt Ltd	27/05/2009	Acq	2290		3941163		*
512018	CNI Research Ltd	Shreenath Finstock Pvt Ltd	28/05/2009	Acq	24476		3965639		#
512018	CNI Research Ltd	Shreenath Finstock Pvt Ltd	28/05/2009	Acq	24476		3965639		*
526821	Dai-Ichi Karkaria Ltd	Ashokkumar Parmar	19/07/2007 - 28/05/2009	Acq	760640	10.00	760640	10.00	*
502137	Deccan Cements Ltd	IL & FS Trust Co Ltd	26/05/2009	Acq	934		350307	5.00	#
509130	Dunlop India Ltd	Kanpur Properties & Fin (P) Ltd	02/06/2009	Acq	1297908	1.80	3937123	5.47	#
500153	Ganesh Benzoplast Ltd	India Debt Management Pvt Ltd	01/06/2009	Sale	7079538	24.18	1229156	4.20	*
500187	HSIL Ltd	Paco Exports Ltd & PACs	28/05/2009	Acq	21244	0.04	33253384	60.43	*
500187	HSIL Ltd	Paco Exports Ltd & PACs	29/05/2009	Acq	20519	0.04	33273903	60.47	*
532100	Indo City Infotech Ltd	Shashi Jain	28/05/2009 - 29/05/2009	Acq	42500	0.41	1087500	10.46	#
500219	Jain Irrigation Systems Ltd	Smallcap World Fund Inc	02/06/2009	Acq	194631	0.26	3785136	5.09	*
502901	Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd	Navratan Damani	28/05/2009	Sale	2150	0.03	608647	8.70	#
502901	Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd	Premratan Damani	28/05/2009	Acq	20000	0.28	1018090	14.54	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	01/06/2009 - 02/06/2009	Acq	575	0.00	12200032	6.28	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	29/05/2009	Acq	300	0.00	12199457	6.28	*
590011	Moving Picture Company India Ltd	Consolidated Securities Ltd	22/05/2009	Sale	342000	2.59	2103991	15.90	#
590011	Moving Picture Company India Ltd	Consolidated Securities Ltd	25/05/2009 - 26/05/2009	Sale	493074	3.73	1610917	12.18	#
500075	Nagarjuna Fertilizers & Chemicals Ltd	Corporate Securities & Holdings Pvt Ltd	02/06/2009	Sale	729500	0.17	0	0.00	*
500075	Nagarjuna Fertilizers & Chemicals Ltd	Nagarjuna Management Services Pvt Ltd	02/06/2009	Acq	1272428	0.30	50445958	11.78	*
500075	Nagarjuna Fertilizers & Chemicals Ltd	Paschim Holdings Pvt Ltd	02/06/2009	Sale	542928	0.13	0	0.00	*
524816	Natco Pharma Ltd	Anandababu T	01/06/1990 - 02/06/2009	Acq	4588		48888	0.17	#
524816	Natco Pharma Ltd	Anila T	01/06/1990 - 02/06/2009	Acq	6000		71620	0.26	#
524816	Natco Pharma Ltd	Ramakrishna Rao N	01/06/1990 - 02/06/2009	Acq	6000		105000	0.37	#
524816	Natco Pharma Ltd	Vidyadhari T	01/06/1990 - 02/06/2009	Acq	6000		53140	0.19	#
524816	Natco Pharma Ltd	Ramakrishna Rao N	01/06/2009 - 02/06/2009	Acq	6000	0.02	105000	0.37	*
524816	Natco Pharma Ltd	T Anand Babu	01/06/2009 - 02/06/2009	Acq	4588	0.02	48888	0.17	*
524816	Natco Pharma Ltd	T Anila	01/06/2009 - 02/06/2009	Acq	6000	0.02	71620	0.26	*
524816	Natco Pharma Ltd	Vidyadhari Tummala	01/06/2009 - 02/06/2009	Acq	6000	0.02	53140	0.19	*
531349	Panacea Biotec Ltd	First Lucre Partnership Co & PACs	02/06/2009	Acq	398	0.00	45700307	68.37	*
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	22/05/2009	Acq	5217	0.02	3563864	15.11	#
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	25/05/2009	Acq	5000	0.02	3568864	15.13	#
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	26/05/2009	Acq	4129	0.02	3572993	15.15	#
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	27/05/2009	Acq	9528	0.04	3582521	15.19	#
530305	Piccadily Agro Industries Ltd	Siddhartha Vashishta	28/05/2009	Acq	12000	0.05	3594521	15.24	#
526753	Roselabs Ltd	Aabhas Agrawal	26/05/2009	Sale	106000	0.93	209000	1.84	*
503806	SRF Ltd	Cholamandalam DBS Finance Ltd	22/05/2009	Acq	1980000	3.27	3500100	5.78	#
532904	Supreme Infrastructure India Ltd	Mrs Barkha Sharma	26/05/2009	Acq	2000	0.01	207000	1.49	#
526921	Twentyfirst Century Management Services Ltd	Twentyfirst Century Money Growth Fund Ltd	01/06/2009	Sale	23500	0.22	679961	6.48	*
504605	Uni Abex Alloy Products Ltd	Firoze A Vakil	27/05/2009	Acq	55	0.00	7669	0.38	#
504605	Uni Abex Alloy Products Ltd	Firoze Adi Vakil	27/05/2009	Acq	55	0.00	7669	0.38	*
531390	Upsurge Investment & Finance Ltd	Anurag Gupta	26/05/2009 - 27/05/2009	Acq	72465	0.79	327462	3.58	#
531390	Upsurge Investment & Finance Ltd	Anurag Gupta	26/05/2009 - 27/05/2009	Acq	72465	0.79	327462	3.58	*
517146	Usha Martin Ltd	Madhushree Goenka	22/05/2009	Acq	1000	0.00	48460	0.02	#
531544	Vertex Spinning Ltd	Drishti Finvest Pvt Ltd	28/05/2009	Sale	20000	0.01	3833944	1.92	*
531544	Vertex Spinning Ltd	Vasudeva Sec Pvt Ltd	28/05/2009	Sale	20000	0.01	2973899	1.52	*
526586	Wim Plast Ltd	Gaurav Pradeep Rathod	13/05/2009	Acq	150				#
526586	Wim Plast Ltd	Gaurav Pradeep Rathod	13/05/2009	Acq	150		352057	5.86	*
526586	Wim Plast Ltd	Gaurav Pradeep Rathod	20/04/2009 - 24/04/2009	Acq	865	0.01			#
526586	Wim Plast Ltd	Gaurav Pradeep Rathod	27/04/2009 - 05/05/2009	Acq	2128	0.04			#

RESEARCH REPORTS