BHAGYNAGAR

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 26, 2008 has recommended dividend @ 30% (Re.0.60 per Equity Share) for the year 2007-2008.

Bhagyanagar India Limited has informed the Exchange that: "The Board of Directors of the Company met on April 22, 2008 to inter alia, consider the proposal of buy back of the Company's shares. Pursuant to discussions it was decided that in view of the fact that the Company had recently raised capital for the expansion of operations and augmentation of long term resources for infrastructure projects which are in various stages of implementation, proceeding with a buy back of shares would not be in the interests of the shareholders. It was hence decided that the Company defer the proposal to buy

Bhagyanagar India Limited has informed the Exchange that: "The Company would be publishing its Audited Financial Results for the quarter and financial year ended 31st March, 2008 in the month of May/June 2008. Therefore, we would not be publishing the Un-Audited Results for quarter ended 31st March, 2008 in the month of April, 2008."

Bhagyanagar India Limited has informed the Exchange that: "M/s Fab city SPV (India) Pvt Ltd, a subsidiary of APIIC has made an made allotment of 25 Acers of land (initially 10 Acres and has reserved 15 Acres for future use) on lease in the Fab City, Hyderabad to the Joint Venture Company "M/s. Surana Ventures Ltd", jointly promoted by M/s. Bhagyanagar India Ltd & M/s. Surana Telecom and Power Ltd for setting up the Solar Photo Voltaic Cell and Module Projects. The JV company has made the payment of lease premium and is awaiting the possession of land. Further, the JV Company has placed firm or

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on March 17, 2008 has allotted 40,00,000 Equity Share Warrants of Face Value of Rs.2/- each at a price of Rs.90/- per share warrant convertible into Equity Shares on a Preferential Basis to M/s Consolidated Securities Limited, out of the proposed allotment of 55,00,000 sharewarrants for which the members accorded their approval at their EGM dt.January 31, 2008. The approval for allotment of balance 15,00,000 share warrants in favour of M/s. Trimurthi Drugs & Pharmaceuticals Ltd.

Bhagyanagar India Limited has informed the Exchange that Smt. M. Sridevi, Company secretary of the Company has joined back after leave and resumed her services. Henceforth she is the Compliance Officer of the Company instead of Smt. K. Sudha Mayi, Asst Company Secretary who was earlier acting as Compliance Officer.

Bhagyanagar India Limited has informed the Exchange that "The Company has formed a Joint Venture Company in the name and Style of "M/s Surana Ventures Ltd" regarding setting up of Solar Photo Voltaic Cell and Module Project in Joint Venture with M/s. Surana Telecom and Power Limited. Further the Government through APIIC has made an inpriciple allotment of 25 Acers of land to the JV M/s. Surana Ventures Ltd in the Fab City, Hyderabad for setting up the above project".

Bhagyanagar India Limited has submitted to the Exchange a copy of the proceedings of the Extra-Ordinary General Meeting of the members of the company held on January 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Bhagyanagar_PROEGM_15022008.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on January 31, 2008 interalia has accorded (1) the Inprinciple Approval to the Management to go ahead with the preliminary activities regarding setting up of Solar PhotoVoltaic Cell Project in Joint Venture with M/s Surana Telecom and Power Limited.

Bhagyanagar India Limited has informed the Exchange that "The members at their Extra Ordinary General Meeting held on Thursday, the 31st January, 2008 interalia has accorded their approval to the Board. (i) for the issue of Equity Share warrants on preferential basis to M/s. Consolidated Securities Ltd, M/s. C.S.K. Realtors Ltd, M/s Trimurthi Drugs & Pharmaceuticals Ltd and Mr. Sunil D Parakh not exceeding Rs.55,00,000 warrants of a face value of Rs.2/- each at a price of Rs.90- per warrant, each warrant convertible into one equity share of the Company at the option of Warrant holder for cash

Bhagyanagar India Limited has submitted to the Exchange a copy of the Notice of Extra-Ordinary General Meeting of the Members of the Company scheduled to be held on January 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/bhagyanagar_NOTEGM_25012008.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that "The Board of Directors of the Company at their Meeting held on January 02, 2008 has approved the issue of 55,00,000( Fifty Five Lakhs) equity share warrants, each warrant convertible into one equity share of the Company at the option of warrant holder, at a Face Value of Rs.2/- each for cash at a price of Rs 90/- per warrant on Preferential Basis to the following investors as mentioned in the table below, subject to the approval of Shareholders at the Extraordinary General Meeting Scheduled to be held on January 31, 2008. The price of

Bhagyanagar India Limited has informed the Exchange that "Bhagyanagar India Ltd., has formed a SPV called Bhagyanagar Entertainment Infra & Development Co.Pvt.Ltd along with IL&FS Infrastructure Development Corpn. for undertaking various infrastructure and entertainment projects. The Special Purpose Vehicle will conceptualise various infra structure project such as Theme Parks, Special Economic Zone, Industrial Parks etc., on a large scale basis. This SPV (Bhagyanagar Entertainment & Infra Development Co.Pvt.Ltd) is chaired by Shri.G. M Surana, Chairman of Bhagyanagar India Ltd and Smt. Rachan

Bhagyanagar India Limited has informed the Exchange that Smt. K. Sudha Mayi, B.Com, M.B.A, A.C.S., (ICSI Membership No. 20588) has been appointed as an Assistant Company Secretary with effect from 12th November, 2007. The Company Secretary Smt.M.Sridevi, is on leave and hence the said Assistant Company Secretary will be acting as Compliance Officer of the Company till the Company Secretary resumes her services.

Bhagyanagar India Limited had informed the Exchange regarding the Outcome of the Board Meeting held on November 08, 2007. The Company has now informed the Exchange that due to typographical error the date of EGM was wrongly mentioned and the same be read as 13.10.2007 instead of 26.10.2007.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on November 8, 2007 has accorded their approval for the allotment of 1,15,00,000 Equity Shares Warrants of face Value of Rs.2/- each at a price of Rs44/- per share warrant convertible into Equity shares on a Preferential Basis to the following investors as mentioned in the table below, for which the members accorded their approval at their EGM dt. 26.10.07. 1) Allottees:- M/s. Foster Capital Ventures Ltd; Category: Non- promoter; No. of Warrants to be allotted: 72,00,000 2) All

Bhagyanagar India Limited has submitted to the Exchange a copy of the proceedings of the Extra Ordinary General Meeting of the Company held on October 13, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/Bhagyanagar_EGM_17102007.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that: "The members at their Extra Ordinary General Meeting held on Saturday, the 13th October, 2007 interalia has accorded their approval to the Board for the issue of Equity Share warrants on preferential basis to M/s. Foster Capital Ventures Ltd, M/s. Trimurthi Advisory Services Pvt. Ltd and M/s. Bhagyanagar Ventures Ltd not exceeding Rs.1,15,00,000 warrants of a face value of Rs.2/- each at a price of Rs.44/- per warrant, each warrant convertible into one equity share of the Company at the option of Warrant holder for cash".

Bhagyanagar India Limited has submitted to the Exchange a copy of the proceedings of Annual General Meeting of the Company held on September 27, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/Bhagyanagar_AGM_12102007.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has submitted to the Exchange a copy of the Notice of Extra Ordinary General Meeting of the Company to be held on October 13, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/BhagyanagarIndia_EGMNotice.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that: "The Company has received an order worth Rs. 35.00 Crores from Bharat Sanchar Nigam Limited (BSNL) for supply of Telecommunication Cables."

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company, at their Meeting held on September 18, 2007, has approved the issue of 1,15,00,000 warrants of Face Value of Rs.2/- each at a price of Rs.44/- on preferential basis to the following investors, subject to the approval of Shareholders at the Extraordinary General Meeting Scheduled to be held on October 13, 2007. The price of issue of Share Warrants is in accordance with the provisions of Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000 and the Relevant Date for the above purp

Bhagyanagar India Limited has informed the Exchange that "The Board of Directors Meeting Scheduled to be held on 3rd August 2007, for considering the matter relating to the sanction of in principle approval of the scheme of arrangement, has been postponed till the finalization of draft scheme of arrangement. The date of convening the next Board Meeting shall be intimated to you later".

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on July 23, 2007 interalia has: (1) Sanctioned in principle approval to demerge the Auto Components, Refrigeration, Solar & Telecom business of the Company. A detailed scheme of arrangement shall be placed before the Board for approval at the next Board meeting scheduled to be held on August 03, 2007. (2) Issue of securities viz. Foreign Currency Convertible Bonds and / or Equity Shares (through Depository Receipt mechanism), viz., GDR/ADR's and / or QIP's and / or any other Fin

Bhagyanagar India Limited has informed the Exchange that "Bhagyanagar India Limited, through its subsidiary M/s. Metropolitan Ventures India Ltd. has purchased 25 acres of land near the new Hyderabad International Airport. Further, as reported earlier the Company has acquired 50 acres of land in a Multi-product SEZ, at Sricity near Chennai, which has now received formal approval from the Central Government".

Bhagyanagar India Limited has informed the Exchange regarding the Board Meeting held on May 16, 2007. The company has further informed the Exchange regarding the Quarter to Quarter and Year to Year performance with respect to the Audited Financial Results taken on record at the Board Meeting. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/BhagyanagarIndia_AFR.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that the Board of Directors, at their meeting held on May 16, 2007, have recommended a dividend @30% (Rs.0.60 Paise per share of Rs.2/- each) on the enhanced Paid-up Equity Share Capital of the Company for the year 2006-2007.

Bhagyanagar India Limited has informed the Exchange that "The Company would be publishing its Audited Financial Results for the quarter and financial year ended 31st March, 2007 in the month of May / June 2007. Therefore, we would not be publishing the Un-audited Results for quarter ended 31st March, 2007 in the month of April, 2007."

Bhagyanagar India Limited has informed the Exchange that: "The Company has acquired land admeasuring 50 Acres in a Multi-product SEZ, near Chennai, which has received an in-principle approval from the Government. The consideration for the same has already been paid".

Bhagyanagar India Limited has informed the Exchange that: "the Company has created an e-mail ID 'investorservices_bil@surana.com' in compliance with clause 47(f) of the listing agreement and the same will be displayed on the website of the Company".

Bhagyanagar India Limited has informed the Exchange that Mr. P. Rajesh Kumar Jain, has resigned as Assistant Company Secretary of the Company with effect from 12th February, 2007.

Bhagyanagar India Limited has informed the Exchange that: "Shri Narender Surana and Shri Devendra Surana, Managing Directors of the Company whose period of office is due to expire on 31.05.2007 and 06.06.2007 respectively, have been re-appointed as Managing Directors with effect from 18.01.2007 for a period of 5 years i.e., 17.01.2012 at the Meeting of the Board of Directors of the Company held on 18.01.2007"

Bhagyanagar India Limited has submitted to the Exchange a copy of the proceedings of Extraordinary General Meeting of the Company held on December 20,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Bhagyanagar_EGM_271206.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that: "Bhagyanagar India Limited has finalized plans to set up an IT park at Hyderabad with a total outlay of about Rs. 120 Crores and with a built up area of 800,000 sft in 6 acres of plot out of 12 acres. The company has sold the balance 6 acres of land to M/s Himadri Enterprises Pvt. Ltd., Maker Chambers, Mumbai. The proceeds of this sale will be used for constructing the IT park, which would include a shopping center and Entertainment Complex. Bhagyanagar India Ltd. has also commenced work on the hardware park and residential projects nea

Bhagyanagar India Limited has informed the Exchange that: "The Company has agreed to sell part of its land admeasuring 5.76 Acres situated at Plot No. A3, IDA, Uppal, Hyderabad to M/s Himadri Enterprises Private Limited, Mumbai, for a consideration of Rs. 53.52 Crores. The cost of acquisition of the said property is less than 10% of the sale price. A Memorandum of Understanding (MOU) has been entered with M/s Himadri Enterprises Private Limited and the Company has received an advance of Rs. 3.00 Crores towards the intended sale of the above property".

Bhagyanagar India Limited has submitted to the Exchange a copy of notice of Extra-Ordinary General Meeting to be held on December 20, 2006, for considering the issue of Equity Shares on Preferential Basis. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/BhagyaNagar_NoticeEGM_27112006.zip target=NEW> For more details click here.</a>

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on November 20, 2006, approved the issue of 5,00,000 fully paid up Equity Shares of Face Value of Rs.2/- each at a price of Rs 40/- (including a premium of Rs 38/-) on preferential basis to the following investor. The price has been calculated in accordance with the SEBI Guidelines on Preferential Issues, taking November 20,2006 as Relevant Date, subject to the approval of Shareholders at the ensuing EGM Scheduled to be held on December 20,2006: Allottee Name - Bennett Coleman

Bhagyanagar India Limited has informed the Exchange that Bhagyanagar India Limited has incorporated Bhagyanagar Metals Ltd. as a Wholly Owned Subsidary Company (date of incorporation-September 25, 2006 and authorised capital (Rs.) 5.00 Lakhs) in the State of Andhra Pradesh, having their registered office at 5th floor, Surya Towers, S.P. Road, Secunderanbad- 500 003.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on October 27,2006, considered various options for raising funds through QIP's / Preferential Issue / Equity Warrants convertible into Equity Shares / Securities Convertible into Equity Shares and decided that it requires further evaluation.

Bhagyanagar India Limited has informed the Exchange that the Company has successfully completed the issue and allotment of 150 zero coupon Unsecured Foreign Currency Convertible Bonds (FCCB) due 2011, of US$100,000 each for an aggregate value of US$ 15 million with a conversion price of Rs.44/- to M/s Old Lane (UK) LLP, 43-45, Portman Square, London, Wihgly. The said Bonds has been officially listed on Luxembourg Stock Exchange with effect from October 12,2006.

News Verification : The media had reports that Bhagyanagar India Limited is to sell 50% of its Gachibolwli land to Reliance Industries for around Rs. 70-80 crores and the remaining 50% of the land will be utilised by jointly developing it with Godrej Properties. The land will be used to develop malls and the project size is said to be around Rs 150-200 crores. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Bhagyan

Bhagyanagar India Limited has informed the Exchange that the Board of Directors at their meeting held on September 29, 2006 approved the issue and allotment of US $ 15,000,000 zero coupon Unsecured Foreign Currency Convertible Bonds due 2011 subject to the completion of relevant formalities in the said regard. The Company has appointed M/s. Silverdale Services Limited, U.K. as Lead Manager to the Issue.

Bhagyanagar Metals Limited has informed the Exchange that M/s Scientia Infocom India Limited bearing Registration No: U72200AP2005PLC04766 and having registered office at 2nd Floor, Surya Towers, S.P. Road, Secunderabad - 500 003 became the Company's Subsidiary on August 12, 2006 consequent to the acquisition of 76% of its Share Capital by the Company. Further, the said Subsidiary Company has acquired 7 Acres of Land at Gachibowli, Hyderabad, which is at present the main IT Park location where Companies such as Microsoft, Wipro etc.., have their Campuses.

Members of the Exchange are hereby informed that the name of Bhagyanagar Metals Limited shall be changed to Bhagyanagar India Limited and the trading symbol of the company be changed from BAGYAMETAL to BHAGYNAGAR w.e.f. September 12, 2006.

Bhagyanagar Metals Limited has informed the Exchange that Bhagyanagar Infrastructure Limited a wholly owned subsidiary of the company has received a construction contract to build 1.80 million sq.ft. IT Park from a Software Company for a total value of Rs.360 Crores (Rupees three hundred and sixty crores only). This project is to be set up in Gachibowli, Hyderabad in the software layout.

Bhagyanagar Metals Limited has informed the Exchange that the Company has completed acquisition of 25 acres of land at Gachibowli, Hyderabad through its 100% owned subsidiaries M/s. Bhagyanagar Properties Limited and M/s. Scientia Infocom India Limited. Gachibowli is the main IT Park location where prime companies such as Microsoft, Wipro etc., have their campus.

Bhagyanagar Metals Limited has submitted to the Exchange a copy of the proceedings of AGM of the Company for the year 2005-06 held on August 07, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Bhagyanagar Metals Limited has informed the Exchange that the name of the Company has been changed from "BHAGYANAGAR METALS LIMITED" to "BHAGYANAGAR INDIA LIMITED" w.e.f August 10, 2006.

Bhagyanagar Metals Limited has informed the Exchange that the Board of Directors of the Company have at their meeting held on August 7,2006 fixed September 8,2006 as the Record Date for the pupose of ascertaining the Members eligible for issue of Bonus Shares in the ratio of 1:1 i.e. One Share for every One Share held by the Members. Further, the company has submitted to the Exchange a copy of the resolution approving the issue of Bonus Shares passed by the Members at the AGM held on August 7,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: C

Bhagyanagar Metals Limited has informed the Exchange that the Company has incorporated the following Wholly Owned Subsidiary Companies in the State of Andhra Pradesh. Name of the Subsidiary-Bhagyanagar Properties Ltd; Date of Incorporation: April 25, 2006; CIN-U70102AP2006PTC050010; Authorised Capital Rs.5.00 Lakhs.Name of the Subsidiary- Bhagyanagar Infrastructure Ltd; Date of Incorporation- July 07, 2006; CIN-U70109AP2006PLC050560; Authorised Capital-1.00 Crore.