BHAGYNAGAR

Bhagyanagar India Limited has informed the Exchange that the Board of Directors, at its meeting held on February 10, 2017 has approved the following items of business: (i) Resignation of Dr.R.N.Sreenath as Independent Director from the Board of the Company w.e.f. February 10, 2017.(ii) Resignation of Mr. Rohit Jain as Company Secretary w.e.f. February 10, 2017.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on May 06, 2016 inter-alia approved the following items of business:i) To obtain the approval of public shareholders of the company pursuant to the requirements made under SEBI Circular dated the February 04, 2013 read with SEBI Circular May 21, 2013 through Postal Ballot and E-Voting for approval of Scheme of Arrangement between Bhagyanagar India Limited and Surana Telecom and Power Limited and Bhagyanagar Properties Private Limited and their respective Shareholders and Credito

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 10, 2016 has approved the appointment of Shri G M Surana as Chairman Emeritus of the Company.

Bhagyanagar India Limited has informed the Exchange regarding the Clarifications on outcome of the Board Meeting of the Company held on October 12, 2015.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on Monday the October 12, 2015, interalia has finalised and approved the proposal for demerger of Solar Business to Surana Telecom and Power Limited and Real Estate Business to Bhagyanagar Properties Private Limited in terms of the Scheme of Arrangement pursuant to the provisions of the Companies Act, 1956 / 2013 ( the Scheme ).

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on September 30, 2015 has transacted the following:(1) Discussed the draft Scheme of Arrangement and approved in principle for demerger of Solar Business with Surana Telecom and Power Limited and Real Estate Business with Bhagyanagar Properties Private Limited, the exchange ratio and other details are being worked out for finalization of the Scheme of Arrangement and exchange ratio. (2). On effectiveness of the scheme, M/s. Surana Telecom and Power Ltd and M/s Bhagyanagar Proper

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on August 08, 2014 inter-alia has transacted the following: (1). To convene the Annual General Meeting and fix the book closure. (2) Approved to borrow money in excess of paid-up capital and free reserves under section 180 (1)(c) of Companies Act, 2013, subject to approval of members. (3). Approved issue of Global Depository Receipts (GDRs)/ American Depositary Receipts (ADRs) convertible in to equity shares/ Foreign Currency Convertible Bonds (FCCB) and / or Qualified Instituti

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 30, 2012, interalia has accorded their approval for: (1) Making of investments in solar farms upto a capacity of 5MW under REC Scheme.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors at their meeting held on January 27, 2011, inter-alia accorded their approval for: (1) Buy Back of the Company's fully paid-up equity shares of Rs.2/- each, from open market through Stock Exchange mechanism, subject to the approval of the members through postal ballot and from SEBI under the SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 1997, for an amount not exceeding Rs.14,00,00,000/- (Rupees Fourteen Crores only) to a minimum of 40,00,000 shares and a maximum of 80,00,000 shares, up to a m

Bhagyanagar India Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2010 accorded the approval for: The buyback of USD 10.00 million Unsecured Foreign Currency Convertible Bonds (FCCB) listed on Luxembourg Stock Exchange and to raise funds through ECB for the said buyback as per RBI guidelines.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on January 29, 2009 interalia accorded their approval for the buyback/prepayment of USD 15 million Unsecured Foreign Currency Convertible Bonds (FCCB) listed on Luxembourg Stock Exchange in accordance with A.P. (DIR Series) Circular No. 39 dated December 08, 2008 issued by the Reserve Bank of India.

Bhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 26, 2008, the Board took note of the in-principle approval received from Reserve Bank of India to issue Foreign Currency Convertible Bonds upto USD 20.00 Million and directed the Management to take further effective steps as may be required.

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 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 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 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 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 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 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

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