| Name of the Target Company |
Prime Securities Limited |
| Name of the acquirer and PAC with the acquirer |
Acquirer : New Vernon Private Equity Limited ; PAC : New Vernon India Limited |
| Details of the acquisition as follows |
Number |
Type |
% w.r.t. total paid up capital of Target Company |
| Shares/Voting rights (VR) before acquisition under consideration |
480000 |
Equity |
1.96 |
| Shares/voting rights acquired |
1800000 |
Equity |
6.84 |
| Shares/VR after acquisition |
2280000 |
Equity |
8.66 |
| Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / interse transfer etc.) |
Preferential Allotment |
| Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable |
28-JAN-2008 |