IndianEars,
Thank you for your help. Sorry for delay in my reply .
The correct part no. is VAM1202/12.
My cousin got it for me from one shop on Lamington road .
It cost me only Rs 750 , it could be Chinese made , but has Philips marking on PCB etc .l got it installed yesterday and my CD player works fine . So I am happy.
I am thinking to buy one extra to keep in spare for future as my CD player is otherwise quite good.
Following is shop where he got the part from .
Parvail sons , 7, *Lamar bldg ,ground fl.
SVMarg , Lamington road ,Mumbai 7*
Tel no 23867601, 23885135*
Thank you again.