BHAGYNAGAR

Bhagyanagar Metals Limited has informed the Exchange that the Company is venturing into the generation of Non-Conventional Energy by setting up Wind Mills of initially 2.5 MW at Kappatuguda, Gadag District, Karnataka. The related equipments have been purchased from M/s. Suzlon Energy Ltd., Pune for which the orders had been placed with them. The said project will be commissioned by September 25,2006. The Company will later on enhance the generation capacity to 10 MW in a phased manner. Further, the Company has also purchased 6.22 acres of land situated near the new International Airport, at Sh

Bhagyanagar Metals Limited has informed the Exchange that the Company has entered into an agreement for purchase of 25 acres of land for a total value of Rs. 118.00 Crores for development of IT park / housing township. This site is located near Hitech City, Hyderabad, which is the hub of activities for IT parks and housing townships. With this project the company will be fully diversified into a Real Estate and Infrastructure Development activity. The company is also in the process of getting construction contracts for IT parks. The current clients of the Group include - (a) Microsoft India (R

Bhagyanagar Metals Limited has submitted to the Exchange a copy of proceedings of the EGM held on June 16, 2006. The copy 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 regarding the highlights of the meeting of the BoDs held on June 13, 2006. A copy of the press release 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 Boards of Directors in its meeting held on June 13, 2006, have considered the proposal of issue of Bonus Share to the existing Shareholders.It has been decided that every One Equity Share of Rs.2/- each will be issued, 1 (one) Equity Shares of Rs.2/- each fully paid up for those shareholders whose names appear on the Record date which will be decided by the Board after receiving the consent of members at the ensuing Annual General Meeting scheduled to be held on August 7, 2006.

Bhagyanagar Metals Limited has informed the Exchange that BOD's of the Company at their meeting held on June 13, 2006 have recommended a dividend @ 30% (Rs.0.60 Paise per share of Rs.2/- each) on the paid-up Equity Share Capital of the Company for the year 2005-06. Further,the Register of Members and Share Transfer Books of the Company shall remain closed from August 04, 2006 to August 07, 2006 (both days inclusive).

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 15,129 shares and sold 602 shares of Bhagyanagar Metals Limited during the period February 16, 2006 to May 26, 2006. The mode of acquisition/sale is market and the shareholding of Shri Narender Surana after the said acquisition/sale is 24,34,052 Equity Shares aggregating to 6.58% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that the Company has been allotted a land admeasuring 2.5 acres in the Hardware Park at Hyderabad which is close to the new International Airport, by the APIIC. The company is planning to construct built up area of approximately 1,00,000 sft with a project cost of about Rs.20 Crores.

Bhagyanagar Metals Limited has submitted to the Exchange a copy of notice of the EGM of the Company to be held on June 16,2006. The copy of the notice 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 company has tied up with M/s GuocoLand Limited of Singapore, a one billion dollar company listed in Singapore and M/s Gayatri Projects Limited, Hyderabad as strategic partners for bidding for HUDA township project & other projects on selective basis in and around Hyderabad.

Bhagyanagar Metals Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 18, 2006 interalia has decided the following: (1) To Sell/ Develop the company�s Land situated at Plot No. A2 & A3, IDA, Uppal, Hyderabad. (2) To note the approval received from the Government of A.P. to develop the IT Park in an area of 11.75 acres of Company�s Land situated at plot No A2 & A3, IDA, Uppal, Hyderabad and eligible for all incentives specified under ICT Policy of the Government of A.P.(3) To Purchase properties to the extent of Rs.300 Crores for Business p

News Verification : The media had reports that Bhagyanagar Metals Limited is likely to enter into a joint venture or sell its property to DLF. 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. Bhagyanagar Metals Limited has vide its letter inter-alia stated, "The Company has not made any statement in this regard. However, we would like to state the Company is negotiating with DLF Commercial Developers Ltd., to sell/d

Bhagyanagar Metals Limited has informed the Exchange that Ms G. Malleswari has resigned as Assistant Company Secretary and Compliance Officer of the Company and Mr. Rajesh Kumar Jain, B.Com., L.L.B.,A.C.S (Member of ICSI) has been appointed as Assistant Company Secretary of the Company with effect from February 17, 2006.

Bhagyanagar Metals Limited has informed the Exchange that Bhagyanagar Metals Ltd (BML) has bagged the tender for construction of an integrated Township Project at Vepagunta in Visakapatnam on 52 acres of Land. Land has been alloted by Andhra Pradesh Housing Board (APHB) through sealed tender process. BML is partnering with Salarpuria Group of Bangalore for this opportunity of Rs.384 Crore Project. BML has already made a foray into fast growing Realty sector by acquiring A Grade IT space in signature buildings in Hyderabad and its clients include Microsoft, Fusion Technology etc. BML is also e

Bhagyanagar Metals Limited has informed the Exchange that Ms. Sridevi Madati, has been appointed as Company Secretary of the Company with effect from March 17, 2006. The said Company Secretary will also be acting as Compliance Officer of the Company.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 27,673 shares and sold 10,700 shares of Bhagyanagar Metals Limited during the period February 04, 2006 to February 15, 2006. The mode of acquisition/sale is market and the shareholding of Shri Narender Surana after the said acquisition/sale is 24,19,525 Equity Shares aggregating to 6.54% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Smt. Sunita Surana, Promoter, has acquired 25000 shares of Bhagyanagar Metals Limited during the period December 01, 2005 to February 15, 2006. The mode of acquisition is market and the shareholding of Smt. Sunita Surana after the said acquisition is 16,08,715 Equity Shares aggregating to 4.35% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 48,427 shares of Bhagyanagar Metals Limited during the period from February 04, 2006 to February 15, 2006. The mode of acquisition is through market acquisition and the shareholding of Shri. Devendra Surana after the said acquisition is 20,69,264 Equity Shares aggregating to 5.59% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Surana Infocom Ltd, Promoter has sold 2,50,000 shares of Bhagyanagar Metals Ltd. during the period January 21, 2006 to February 02, 2006. The mode of sale is through Market sale and the shareholding of Surana Infocom Ltd. after the said sale is 39,01,907 Equity shares aggregating to 10.55% of the total share capital of Bhagyanagar Metals Ltd.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 37,275 shares of Bhagyanagar Metals Limited during the period from February 01, 2006 to February 03, 2006. The mode of acquisition is through market acquisition and the shareholding of Shri. Devendra Surana after the said acquisition is 20,20,837 Equity Shares aggregating to 5.46% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 64,449 shares of Bhagyanagar Metals Limited during the period from February 01, 2006 to February 03, 2006. The mode of acquisition is market acquisition and the shareholding of Shri. Narender Surana after the said acquisition is 24,02,552 Equity Shares aggregating to 6.49% of the total share capital of Bhagyanagar Metals Limited.

Narender Surana, Managing Director of the company along with others acting in concert has informed the Exchange that they have acquired 7,51,623 equity shares aggregating to 2.03% of the total paid up capital of Bhagyanagar Metals Limited during the period June 28, 2005 to February 03, 2006. The mode of acquisition is market purchase and the shareholding of Narender Surana along with other persons acting in concert after the said acquisition is 20411426 shares aggregating to 55.16% of the total paid up capital of Bhagyanagar Metals Limited. The details of the said acquisition shall be availabl

Bhagyanagar Metals Limited has informed the Exchange that Narender Surana, along with other persons acting in concert has acquired 7,51,623 shares aggregating to 2.03% of the share capital of Bhagyanagar Metals Limited during the period June 28, 2005 to February 03, 2006. The mode of acquisition is market acquisition and the shareholding of Narender Surana along with other persons acting in concert after the said acquisition is 20411426 shares aggregating to 55.16% of the share capital of Bhagyanagar Metals Limited. The details of the said acquisition shall be available on the NSE website (htt

Bhagyanagar Metals Limited has informed the Exchange that Mrs. T. S. Maharani has been resigned as Company Secretary of the Company and Mrs. G. Malleswari, Asst. Company Secretary of the Company is being designated as the Compliance Officer of the Company.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 78,943 shares and sold 1000 shares of Bhagyanagar Metals Limited during the period January 11, 2006 to January 31, 2006. The mode of acquisition/sale is market and the shareholding of Shri Narender Surana after the said acquisition/sale is 23,38,103 Equity Shares aggregating to 6.32% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 30,000 shares and sold 1,000 shares of Bhagyanagar Metals Limited during the period January 01, 2006 to January 31, 2006. The mode of acquisition/sale is through Market Acquisition & Sale and the shareholding of Shri Devendra Surana after the said acquisition/sale is 19,83,562 Equity Shares aggregating to 5.36% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Surana Infocom Ltd, Promoter has sold 6843 shares and acquired 15293 shares of Bhagyanagar Metals Ltd. during the period September 06, 2005 to January 20, 2006. The mode of acquisition / sale is through Market and the shareholding of Surana Infocom Ltd. after the said acquisition / sale is 41,51,907 Equity shares aggregating to 11.22% of the total share capital of Bhagyanagar Metals Ltd..

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 57,371 shares and sold 1000 shares of Bhagyanagar Metals Limited during the period January 01, 2006 to January 10, 2006. The mode of acquisition/sale is market and the shareholding of Shri Narender Surana after the said acquisition/sale is 22,60,160 Equity Shares aggregating to 6.11% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Manish Surana, Promoter, has acquired 26,451 shares and sold 1100 shares of Bhagyanagar Metals Limited during the period December 14, 2005 to January 10, 2006. The mode of acquisition/sale is market and the shareholding of Shri Manish Surana after the said acquisition/sale is 23,87,448 Equity Shares aggregating to 6.45% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Surana Telecom Limited, Promoter, has acquired 7,000 shares of Bhagyanagar Metals Limited during the period from October 01, 2005 to December 31, 2005. The mode of acquisition is through market acquisition and the shareholding of Surana Telecom Limited after the said acquisition is 9004 Equity Shares aggregating to 0.02% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 65,799 shares of Bhagyanagar Metals Limited during the period from December 14, 2005 to December 31, 2005. The mode of acquisition is market acquisition and the shareholding of Shri. Narender Surana after the said acquisition is 22,03,789 Equity Shares aggregating to 5.95% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 26,162 shares of Bhagyanagar Metals Limited during the period from December 14, 2005 to December 31, 2005. The mode of acquisition is through market acquisition and the shareholding of Shri. Devendra Surana after the said acquisition is 19,54,562 Equity Shares aggregating to 5.28% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri. Kamlesh Gandhi has been appointed as Additional Driector w.e.f. December 12, 2005 by passing a circular resolution on that date.

Bhagyanagar Metals Limited has informed the Exchange that Ms. Vinita Surana, Promoter, has sold 29,550 shares of Bhagyanagar Metals Limited during the period from November 30, 2005 to December 13, 2005. The mode of sale is through market sale and the shareholding of Ms. Vinita Surana after the said sale is 20,000 Equity Shares aggregating to 0.05% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 12,000 shares of Bhagyanagar Metals Limited during the period from December 01, 2005 to December 13, 2005. The mode of acquisition is through market and the shareholding of Shri. Devendra Surana after the said acquisition is 19,28,400 Equity Shares aggregating to 5.21% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri. Manish Surana, Promoter has acquired 50,796 shares of Bhagyanagar Metals Ltd. during the period November 30, 2005 to December 13, 2005. The mode of acquisition is through Market and the shareholding of Shri. Manish Surana after the said acquisition is 23,62,097 Equity Shares aggregating to 6.38% of the total share capital of Bhagyanagar Metals Ltd.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 19,059 shares of Bhagyanagar Metals Limited during the period from December 01, 2005 to December 13, 2005. The mode of acquisition is market acquisition and the shareholding of Shri. Narender Surana after the said acquisition is 21,37,990 Equity Shares aggregating to 5.78% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited had informed the Exchange regarding the Scheme of restructuring of the Company informing the infrastructure, metals and telecom business will be demerged subject to the approvals of Statutory Authorities. As a part of development of infrastructure business, the company has now participated in various tenders floated by A P Housing Board. In this respect Company has further informed that the Company is the highest bidder for development of housing project in 52 acres of land at Vishakapatnam, Andhra Pradesh. The bid amount offered by the Company for the land is to the

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 53,500 shares of Bhagyanagar Metals Limited during the period from October 01, 2005 to November 30, 2005. The mode of acquisition is market acquisition and the shareholding of Shri. Narender Surana after the said acquisition is 21,18,931 Equity Shares aggregating to 5.72% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Smt. Sunita Surana, Promoter, has acquired 125710 shares and sold 500 shares of Bhagyanagar Metals Limited during the period August 10, 2005 to November 30, 2005. The mode of acquisition/sale is market and the shareholding of Smt. Sunita Surana after the said acquisition/sale is 15,83,715 Equity Shares aggregating to 4.28% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri. Manish Surana, Promoter has acquired 74,575 shares of Bhagyanagar Metals Ltd. during the period September 06, 2005 to November 29, 2005. The mode of acquisition is through Market and the shareholding of Shri. Manish Surana after the said acquisition is 23,11,301 Equity Shares aggregating to 6.25% of the total share capital of Bhagyanagar Metals Ltd.

Bhagyanagar Metals Limited has informed the Exchange that Ms. Vinita Surana, Promoter, has sold 2,91,100 shares of Bhagyanagar Metals Limited during the period from September 06, 2005 to November 29, 2005. The mode of sale is through market sale and the shareholding of Ms. Vinita Surana after the said sale is 49,550 Equity Shares aggregating to 0.134% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 1,02,800 shares of Bhagyanagar Metals Limited during the period from October 01, 2005 to November 30, 2005. The mode of acquisition is through market and the shareholding of Shri. Devendra Surana after the said acquisition is 19,16,400 Equity Shares aggregating to 5.18% of the total share capital of Bhagyanagar Metals Limited.

as on the Record date. (3) upon demerger of the Infrastructure Division of the Company to STL to the BML, The Bhagyanagar Metals Limited would in consideration of such Demerger, issue and allot to every member of STL, 28 equity shares of Rs.2/- each par value credited as fully paid up in the Company for every 100 equity shares of Rs.5/- each par value fully paid up held by such member in STL, as on the Record date;and (4) upon demerger of the Infrastructure Division of SIL to the BML,The Company would in consideration of such Demerger, issue and allot to every member of the SIL, 132 equity sh

Bhagyanagar Metals Limited has informed the Exchange that BODs of the Company at their meeting held on November 05, 2005 considered the scheme of Reconstruction of Company's Businesses.The salient features of the scheme are as follows: (i)The scheme provides for the: (1)Demerger of the Metals Division of Bhagyanagar Metals Limited ("BML") and its vesting in surana Infocom Limited ("SIL") w.e.f.the appointed date; (2) Demerger of the Telecom Division of Bhagyanagar Metals Limited ("BML") and its vesting in Bhagyanagar Telecom Limited ("BTL") w.e.f.the appointed date;(3) Demerger of the Infrast

Bhagyanagar Metals Limited has informed the Exchange that the BODs of the company at their meeting held on October 28, 2005 have considered the following :- 1) The proposal regarding Scheme of Reconstruction and Demerger of the Company's Business was deferred to next Board Meeting, Scheduled to be held on November 05, 2005. 2) The proposal of Issue of Foreign Currency Convertible Bonds (FCCB's) being considered and authorized Shri. Narender Surana and Shri. Devendra Surana, Managing Director of the Company to take all necessary steps in the said regard.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 131392 shares and sold 1700 shares of Bhagyanagar Metals Limited during the period from September 06, 2005 to September 30, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Narender Surana after the said acquisition/sale is 20,65,431 Equity Shares aggregating to 5.58% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Surana Telecom Limited, Promoter, has sold 14,431 shares of Bhagyanagar Metals Limited during the period from February 12, 2005 to September 30, 2005. The mode of sale is through market sale and the shareholding of Surana Telecom Limited after the said sale is 2004 Equity Shares of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 61785 shares and sold 1400 shares of Bhagyanagar Metals Limited during the period from September 06, 2005 to September 30, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Devendra Surana after the said acquisition/sale is 18,13,800 Equity Shares aggregating to 4.90% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 21,660 shares and sold 6150 shares of Bhagyanagar Metals Limited during the period from August 10, 2005 to September 05, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Narender Surana after the said acquisition/sale is 19,35,739 Equity Shares aggregating to 5.23% of the total share capital of Bhagyanagar Metals Limited.