BHAGYNAGAR

Bhagyanagar Metals Limited has informed the Exchange that Surana Infocom Ltd,Promoter has sold 11,300 shares of Bhagyanagar Metals Ltd. during the period August 10, 2005 to September 05, 2005. The mode of sale is through Market and the shareholding of Surana Infocom Ltd. after the said sale is 41,43,457 Equity shares aggregating to 11.20% of the total share capital of Bhagyanagar Metals Ltd..

Bhagyanagar Metals Limited has informed the Exchange that Shri. Manish Surana, Promoter has sold 2500 shares of Bhagyanagar Metals Ltd. during the period August 10, 2005 to September 05, 2005. The mode of sale is through Market and the shareholding of Shri. Manish Surana after the said sale is 22,36,726 Equity Shares aggregating to 6.045% of the total share capital of Bhagyanagar Metals Ltd..

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has acquired 200 shares and sold 3400 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. Devendra Surana after the said acquisition/sale is 17,53,415 Equity Shares aggregating to 4.74% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Smt. Chand Kanwar, Promoter, has sold 5000 shares of Bhagyanagar Metal Ltd. during the period February 10, 2005 to September 05, 2005. The mode of sale is through Market and the shareholding of Smt. Chand Kanwar after the said sale is 17,09,505 Equity shares aggregating to 4.62% of the total share capital of Bhagyanagar Metals Ltd..

Bhagyanagar Metals Limited has informed the Exchange that Ms. Vinita Surana, Promoter, has acquired 1150 shares and sold 1500 shares of Bhagyanagar Metals Limited during the period from April 01, 2005 to September 05, 2005. The mode of acquisition/sale is through market and the shareholding of Ms. Vinita Surana after the said acquisition/sale is 3,40,650 Equity Shares aggregating to 0.9206% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Smt. Namrata Surana, Promoter, has acquired 400 shares and sold 1200 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 Smt. Namrata Surana after the said acquisition/sale is 17,35,035 Equity Shares aggregating to 4.689% of the total share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 84,875 shares and sold 24,071 shares of Bhagyanagar Metals Limited during the period from July 30, 2005 to August 09, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Narender Surana after the said acquisition/sale is 19,20,229 Equity Shares aggregating to 6.09% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Smt. Sunita Surana, Promoter, has acquired 56580 shares and sold 100 shares of Bhagyanagar Metals Limited during the period June 28, 2005 to August 09, 2005. The mode of acquisition/sale is market and the shareholding of Smt. Sunita Surana after the said acquisition/sale is 14,58,505 Equity Shares aggregating to 3.94% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri. Devendra Surana, Managing Director, has acquired 6500 shares and sold 20000 shares of Bhagyanagar Metals Limited during the period June 28, 2005 to August 09, 2005. The mode of acquisition/sale is market and the shareholding of Shri. Devendra Surana after the said acquisition/sale is 17,56,615 Equity Shares aggregating to 5.57% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Manish Surana, Promoter, has acquired 37,358 shares and sold 51,191 shares of Bhagyanagar Metals Limited during the period from July 30, 2005 to August 09, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Manish Surana after the said acquisition/sale is 22,39,226 Equity Shares aggregating to 6.05% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Surana Infocom Ltd, Promoter, has sold 64,169 shares of Bhagyanagar Metals Limited during the period from March 12, 2005 to August 09, 2005. The mode of sale is through market and the shareholding of Surana Infocom Ltd after the said sale is 41,54,757 Equity Shares aggregating to 11.23% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has acquired 56,749 shares and sold 13,911 shares of Bhagyanagar Metals Limited during the period from June 28, 2005 to July 29, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Narender Surana after the said acquisition/sale is 18,59,425 Equity Shares aggregating to 5.03% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Manish Surana, Promoter, has acquired 220 shares and sold 20,920 shares of Bhagyanagar Metals Limited during the period from June 28, 2005 to July 29, 2005. The mode of acquisition/sale is through market and the shareholding of Shri. Manish Surana after the said acquisition/sale is 22,53,059 Equity Shares aggregating to 6.09% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that the company had participated in the tender floated by Bharat Sanchar Nigam Limited on January 12, 2005 and the company is one of the eligible bidders. The company has received an order worth Rs.45.00 crores for supply of Telecom cables. The price is approx. 6% more over the last year's price.

Bhagyanagar Metals Limited has informed the Exchange that M/s Khattar Holdings Pte. Limited have acquired 37,03,703 Equity Shares aggregating to 10.00% of the share capital of the Company on July 14, 2005. The mode of acquisition is through Preferential Offer and the shareholding of M/s Khattar Holdings Pte. Limited after the said acquisition is 37,03,703 Equity shares aggregating to 10.00% of the share capital of Bhagyanagar Metals Limited.

Khattar Holdings Private Limited has informed the Exchange that they have acquired 37,03,703 shares aggregating to 10.00% of the total paid up share capital of Bhagyanagar Metals Ltd. on July 14, 2005. The mode of acquisition is through Preferential Allotment and the shareholding of Khattar Holdings Private Limited after the said acquisition is 37,03,703 shares aggregating to 10.00% of the total paid up share capital of Bhagyanagar Metals Ltd..

Bhagyanagar Metals Limited has informed the Exchange that the Company had participated in the tender floated by National Textiles Corporation (WBABO) Ltd, and is the highest bidder for 4.29 acres of land of Jyoti Weaving Factory, at Patipukur, Kolkata. The Company is also the highest bidder for 3 acres of HMT land at Jalahalli, Banglore floated by HMT Limited. The total investment on the above would be approx. Rs. 20 Crores. This will be a part of the infrastructure division for the long term projects.

Bhagyanagar Metals Limited has informed the Exchange that the Board of Directors of the Company, at their Committee Meeting held on July 14, 2005 allotted 54,87,360 fully paid up Equity Shares of Face Value of Rs.2/- each at a price of Rs.27/- (including a premium of Rs.25/-) on preferential basis to the following investors: 1) M/s Khattar Holdings Pte. Limited has been allotted 37,03,703 equity shares; 2) Mr. Swapnil J. Parakh, C/o Parakh & Co has been allotted 5,35,509 equity shares; 3) Shri. Rajesh Agrawal has been allotted 11,48,148 equity shares; 4) Shri. Sunil D. Parakh has been allotted

Bhagyanagar Metals Limited has submitted to the Exchange a copy of the proceedings of the AGM of the Members of the Company held on July 01, 2005. 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).

Bhagyanagar Metals Limited has informed the Exchange that a meeting of the Committee of the BOD's has been convened on July 09, 2005, Inter-alia, to consider the allotment of Equity Shares on Preferential basis.

Bhagyanagar Metals Limited has informed the Exchange that the BODs of the Company at their meeting held on July 01, 2005, could not allot the Equity Shares as per the notice and the Board deferred the item of Allotment of Equity Shares to the next Meeting to be held on July 09, 2005. The Company has further informed that the meeting scheduled to be held on July 09, 2005 is being postponed to July 14, 2005, inter-alia, to consider the allotment of Equity Shares on Preferential basis.

Bhagyanagar Metals Limited has informed the Exchange that the members of the company at their AGM held on July 01, 2005, declared a Dividend of 25% (Re. 0.50 per Equity Share) for the year 2004-05 on the Paid-up Equity Share Capital of the Company (Rs. 6,30,25,280/- comprising of 3,15,12,640 Equity Shares of Rs. 2/- ).

Bhagyanagar Metals Limited has informed the Exchange that the Shareholders at their AGM held on July 01, 2005 passed a Special Resolution for the purpose of issue of 54,87,360 fully paid up Equity Shares of Face Value of Rs.2/- each at a price of Rs.27/- (including a premium of Rs.25/-) on preferential basis to the following investors.: 1) M/s. Khattar Holdings Pte. Ltd. has been allotted 37,03,703 equity shares. 2) M/s. Parakh & Company has been allotted 5,35,509 equity shares. 3) Mr. Rajesh Agrawal has been allotted 11,48,148 equity shares. 4) Mr. Sunil D. Parakh has been allotted 1,00,000

Bhagyanagar Metals Limited has informed the Exchange that the members of the Company have, at their AGM held on July 01, 2005, declared a Dividend of 25% (Re.0.50 per Equity Share) for the year 2004-05, on the Paid-up Equity Share Capital of the Company (Rs.6,30,25,280/- comprising of 3,15,12,640 Equity Shares of Rs.2/-).

Bhagyanagar Metals Limited has informed the Exchange that Smt. Sunita Surana, Promoter, has sold 2,00,200 shares of Bhagyanagar Metals Limited during the period February 19, 2005 to June 27, 2005. The mode of sale is market sale and the shareholding of Smt. Sunita Surana after the said sale is 14,02,025 shares aggregating to 4.45% of the 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 sold 9,75,006 Equity Shares aggregating to 3.09% of the total paid up capital of Bhagyanagar Metals Limited during the period March 19, 2005 to June 27, 2005. The mode of sale is market sale and the shareholding of Narender Surana along with other persons acting in concert after the said sale is 1,96,59,803 Equity Shares aggregating to 62.39% of the total paid up capital of Bhagyanagar Metals Limited. The details of the said sale shall be available on the NSE website (h

Bhagyanagar Metals Limited has informed the Exchange that Smt Namrata Surana Promoter, has sold 2,00,000 shares of the company during the period March 07, 2005 to June 27, 2005. The mode of sale is Market Sale and the shareholding of Smt Namrata Surana after the said sale is 17,16,829 Equity Shares aggregating 5.45% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Narender Surana, along with other persons acting in concert has sold 9,75,006 shares aggregating to 3.09% of the share capital of Bhagyanagar Metals Limited during the period March 19, 2005 to June 27, 2005. The mode of sale is market sale and the shareholding of Narender Surana along with other persons acting in concert after the said sale is 1,96,59,803 shares aggregating to 62.39% of the share capital of Bhagyanagar Metals Limited. The details of the said sale shall be available on the NSE website (http://www.nseindia.com) under: Cor

Bhagyanagar Metals Limited has informed the Exchange that Shri Manish Surana Promoter, has sold 3,00,000 shares of the company during the period May 27, 2005 to June 27, 2005. The mode of sale is Market Sale and the shareholding of Shri Manish Surana after the said sale is 22,73,759 Equity Shares aggregating 7.22% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri. Devendra Surana, Managing Director, has sold 1,00,300 shares of Bhagyanagar Metals Limited during the period March 19, 2005 to June 27, 2005. The mode of sale is market sale and the shareholding of Shri. Devendra Surana after the said sale is 17,70,115 Equity Shares aggregating to 5.62% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narendra Surana Managing Director, has sold 105,850 shares of the company during the period March 19, 2005 to June 27, 2005. The mode of sale is Market Sale and the shareholding of Shri Narendra Surana after the said sale is 18,16,587 Equity Shares aggregating 5.76% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that the Company has changed its existing Registrars and Transfer Agent M/s CIL Securities Limited, Hyderabad to M/s Karvy Computer Share Pvt. Limited, Karvy House, 46, Avenue 4, Street No.1, Banjara Hills, Hyderabad, for both physical and electronic segments. The connectivity of NSDL and CDSL has also been accordingly shifted to M/s Karvy Computer Share Pvt. Limited on June 03, 2005.

Bhagyanagar Metals Limited has informed the Exchange that the AGM of the Company is convened to be held on July 01, 2005 and the Register of Members and Share Transfer Books of the Company shall remain closed from June 29, 2005 to July 01, 2005 (both days inclusive).

Bhagyanagar Metals Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on June 02, 2005, approved the issue of 54,87,360 fully paid up Equity Shares of Face Value of Rs.2/- each at a price of Rs.27/- (inclusive of a premium of Rs.25/-) on preferential basis to the following investors. The price has been calculated in accordance with the SEBI Guidelines on Preferential Issues, taking June 02, 2005 as Relevant Date, subject to the approval of Shareholders at the ensuing AGM Scheduled to be held on July 01, 2005. The details of the equity shares to

Bhagyanagar Metals Limited has informed the Exchange of the sudden demise of Shri N.D. Chawda, Executive Director of the Company, on May 27, 2005.

Bhagyanagar Metals Limited has informed the Exchange that Shri Manish Surana, Promoter, has sold 68029 shares of the company during the period March 19, 2005 to May 26, 2005. The mode of sale is Market Sale and the shareholding of Shri Manish Surana after the said sale is 25,73,759 Equity Shares aggregating to 8.17% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that as per the proposal approved by the Board of Directors of the Company at their Board Meeting held on May 02, 2005, the company intends to restructure the companies business in order to give adequate focus to the telecom, metals, investment and infrastructure businesses. The Company intends to continue as Metals & Investment Company & demerge the Company's telecom business to Bhagyanagar Telecom Limited, Infrastructure business to Bhagyanagar Infrastructure Limited. For the said purpose the Company has appointed the following Agencies:

Bhagyanagar Metals Limited has informed the Exchange that the Board of Directors at their Board Meeting held on May 02, 2005 have recommended dividend @ 25% for the year 2004-2005. The Board of Directors, considered the proposal of restructuring the Company's Business in order to give adequate focus to the Telecom, Metals, Investment and Infrastructure businesses. The Board of Directors also considered the proposal of Issue of Partly Convertible Securities/ Preferential Issue of Shares and authorized Shri. Narender Surana and Shri Devendra Surana Managing Directors of the Company to initiate f

Bhagyanagar Metals Limited has informed the Exchange regarding a press release issued by the Company in respect of the Audited Financial Accounts for the year ended March 31, 2005. The details 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/CorporateAnnouncements).

Bhagyanagar Metals Limited has informed the Exchange that, the Company has incorporated a 100% Wholly Owned Subsidiary Company on April 07, 2005 in the state of Andhrapradesh in the name and style of BHAGYANAGAR TELECOM LIMITED,Secunderabad with an Authorised Capital of Rs.1.00 crore.

Bhagyanagar Metals Limited has informed the Exchange that Narender Surana with other persons acting in concert have sold 6,58,471 shares aggregating to 2.09% of the share capital of Bhagyanagar Metals Limited during the period February 19,2005 to March 18,2005. The mode of sale is Market sale and the shareholding of Narender Surana with other persons acting in concert after the said sale is 2,06,34,809 shares aggregating to 65.48% of the share capital of Bhagyanagar Metals Limited. The details of the said sale shall be available on the NSE website (http://www.nseindia.com) under: Corporates >

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has sold 1,53,675 shares of the company during the period from March 07, 2005 to March 18, 2005. The mode of sale is Market Sale and the shareholding of Shri Narender Surana after the said sale is 19,22,437 Equity Shares aggregating to 6.10% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Manish Surana, Promoter, has sold 1,00,812 shares of the company during the period from April 01, 2004 to March 18, 2005. The mode of sale is Market Sale and the shareholding of Shri Manish Surana after the said sale is 26,41,788 Equity Shares aggregating to 8.38% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Devendra Surana, Managing Director, has sold 27,350 shares of the company during the period January 01, 2005 to March 18, 2005. The mode of sale is Market Sale and the shareholding of Shri Devendra Surana after the said sale is 18,70,415 Equity Shares aggregating to 5.94% of the share capital of Bhagyanagar Metals Limited.

Narender Surana, Managing Director of the Company along with other persons acting in concert has informed the Exchange that they have sold 6,58,471 Equity Shares aggregating to 2.09% of the total paid up capital of Bhagyanagar Metals Limited during the period February 19,2005 to March 18,2005. The mode of sale is Market sale and the shareholding of Narender Surana along with other persons acting in concert after the said sale is 2,06,34,809 Equity Shares aggregating to 65.48% of the total paid up capital of Bhagyanagar Metals Limited. The details of the said sale shall be available on the NSE

Bhagyanagar Metals Limited has informed the Exchange that Surana Infocom Pvt. Ltd.,promoter has sold 82,629 shares of the company during the period February 24,2005 to March 11,2005. The mode of sale is Market sale and the shareholding of Surana Infocom Pvt. Ltd. after the said sale is 42,18,926 Equity Shares of Rs.2/- each aggregating to 13.39% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that the BOD's at their meeting held on March 03, 2005, for the purpose of sub-division of equity shares, has allotted the sub-divided equity shares to all the eligible members of the Company as on March 03, 2005.

Bhagyanagar Metals Limited has informed the Exchange that Mrs. Namrata Surana, Promoter, has sold 44,811 shares of the Company during the period February 19, 2005 to March 06, 2005. The mode of sale is market sale and the shareholding of Mrs. Namrata Surana after the said sale is 19,16,829 shares aggregating to 6.08% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Shri Narender Surana, Managing Director, has sold 95,613 shares of the company during the period February 24, 2005 to March 06, 2005. The mode of sale is market sale and the shareholding of Shri Narender Surana after the said sale is 19,57,007 shares aggregating to 6.21% of the share capital of Bhagyanagar Metals Limited.

Bhagyanagar Metals Limited has informed the Exchange that Surana Infocom Pvt. Ltd., Promoter of the Company, has sold 1,11,389 shares of Bhagyanagar Metals Limited during the period April 01, 2004 to February 23, 2005. The mode of sale is through Market and the shareholding of Surana Infocom Pvt. Ltd. after the said sale is 8,60,311 shares aggregating 13.65% of the share capital of the Bhagyanagar Metals Limited.