KGL

Karuturi Global Limited has informed the Exchange, vide its letter dated May 23, 2009 that "the Board Of Directors of Karuturi Global Ltd. met today and decided to raise about Rs. 300 Crores through the preferential issue of approximately 24.15 crore warrants to Promoters and their Group and to certain strategic investors, subject to applicable compliances.The Company will seek approval from the Members through Postal Ballot for this preferential issue."

Karuturi Global Limited has informed the Exchange vide its letter dated May 18, 2009 that : "Mr. Siddhartha Kumar Mukherji ceases to be the Director of the company".

Karuturi Global Limited has informed the Exchange regarding a press release that the company is proposing to release to the media regarding the invitation to Mr. Sai Ramakrishna Karuturi, Managing Director of Karuturi Global Ltd to join the Inaugural class of Frontier, 100. 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).<a href=/content/corporate/KARUTURI_PR_30032009.ZIP target=NEW> For more details click here.</a>

Karuturi Global Limited has informed the Exchange that the Board of Directors of Karuturi Global Ltd., Bangalore, at their meeting held on March 23, 2009 has approved the exit of Mr. Anil Tumu from the Promoter Group of the Company. This is based on the specific request made by Mr. Anil Tumu citing personal reasons for not continuing as the Promoter of the Company. It may be recalled that Mr.Anil Tumu had opted not to get re-elected as the Director of the Company at the last Annual General Meeting of the Company held on September 26, 2008. This change in the promoter group will be effective fr

Karuturi Global Limited has informed the Exchange that Board of Directors of the Company has approved the allotment of 25,34,907 shares through a resolution passed by circulation to the following investors who has exercised the conversion option of warrants allotted to them on August 13, 2007. (1) Name Of the Allottee : Mr. Surya Rao K; No of shares allotted: 3,00,000. (2) Name Of the Allottee : SRY Crust; No of shares allotted: 22,34,907. Total: No of Shares allotted : 25,34,907. With the above allotment the paid up capital of the company will be enhanced from Rs.44,98,42,750/- divided

Karuturi Global Limited has informed the Exchange with reference to the Disclosure as per SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2009 that the Company has received the disclosures regarding the pledging of shares by the promoters and the company hereby report the pledging details. The total shares pledged by the promoters constitute 18.77% of the total paid up capital of the company and the reasons for pledging as stated by the promoters is to provide additional security to YES Bank Ltd. for the term loan availed by the Company for its expansion project

Karuturi Global Limited has informed the Exchange that the Board of Directors of the company has inter alia transacted the following business through resolution passed by circulation: (1) After having, received the balance 90% of the consideration amount, allotted7,13,50,000 equity shares to the following investors who has exercised their option of conversion of warrants issued at Rs. 16.50/ warrant. (i) Name- Surya Rao K, No. of shares allotted- 27,00,000; (ii) Name- Max Worth Investments Ltd, No. of shares allotted- 2,90,00,000; (iii) Name- SRY Crust, No. of shares allotted- 96,50,000; (iv)

Karuturi Global Limited has informed the Exchange regarding revision in the shareholding patterns of the company for the quarter ending March 31, 2008, June 30, 2008 and September 30, 2008. The Company has informed the Exchange that Mr. Surya Rao. K an individual classified under 'promoter group' had purchased 300000 shares constituting 0.91% of the paid up capital, from the market on March 18, 2008. The same was duly disclosed to the Exchange vide disclosure dated March 24, 2008 as per Regulation 13(4) of SEBI. But in the subsequent share holding patterns of the company submitted to the excha

Karuturi Global Limited has informed the Exchange that "Our company Karuturi Global ltd. the largest grower and exporter of Roses in the world with presence in India, Kenya Ethiopia, Dubai and Holland has concluded a new contract for supply of 50 million roses, an increase of 28% over 36 million roses supplied in the previous year, from Edeka, one of the largest super markets network in Germany. This order comes at an increased price ranging from 20% to 33% above that of the price received this year. This order will be executed through its various production facilities. The company also has re

Karuturi Global Limited has informed the Exchange regarding a press release dated November 28, 2008, regarding the opening of company's latest boutique retail outlet in Bangalore. 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).<a href=/content/corporate/Karuturiglobal_PR_28112008.zip target=NEW> For more details click here.</a>

Karuturi Global Limited has informed the Exchange that Board of Directors of the Company has approved the allotment of 4,70,00,000 shares through a resolution passed through circulation to the following investors who has exercised the conversion option of warrants allotted to them on August 13, 2007. (1)Name Of the Allottee : Mr. Surya Rao K; No of shares allotted: 1,30,00,000. (2)Name Of Allottee : Max Worth Investments Ltd.; No of shares allotted: 1,20,00,000. (3)Name Of Allottee : SRY Crust; No of shares allotted: 1,10,00,000. (4)Name Of Allottee :Rays Global Corporation; No of shares a

Karuturi Global Limited has informed the Exchange that the Company had issued convertible warrants of Rs. 10 each to the extent of 1.35 crores at a conversion price of Rs. 165 per warrant on August 13, 2008. This allotment of warrants was made after receiving 10% of the total consideration amount i.e. Rs. 16.50/- per warrant. The further 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/KGL_All_20112008.zip target=NEW> For more detai

Karuturi Networks Limited has informed the Exchange that the members of the company at the Annual General Meeting held on September 26, 2008 has approved the Boards proposal for shifting the registered office of the company from # 95/1, Naranahalli Village, Doddabelavangala Hobli, Doddaballapur Taluk, Bangalore District - 561203 to # 204, Embassy Centre, 11 Crescent Road, Bangalore - 560001.

Members of the Exchange are hereby informed that the name of Karuturi Networks Limited shall be changed to Karuturi Global Limited and the trading symbol of the Company be changed from KNL to KGL w.e.f. November 20, 2008.

Karuturi Networks Limited has informed the Exchange that "The Board of Directors of Karuturi Global Ltd at their meeting held on 25.10.2008 has approved the vesting of 1,42,425 stock options to be converted into 14,24,250 equity shares of Rs.1 each upon exercise by the eligible employees of the Company."

Karuturi Networks Limited has informed the Exchange regarding a press release dated October 20, 2008, regarding the commencement of company's agriculture operations in Ethiopia. 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).<a href=/content/corporate/Karuturi_PR_22102008.zip target=NEW> For more details click here.</a>

Karuturi Networks Limited has informed the Exchange that the Board of Directors at their meeting held on August 25, 2008 inter alia transacted the following business: 1) Proposed a dividend of 20% on the paid up equity share capital of the Company. 2) Decided to call for the Annual General Meeting on September 26, 2008. 3) Fixed the Book closure date from September 24, 2008 to September 26, 2008 (Both days inclusive). 4) Confirmed the vesting of 14,24,250 (1,42,425 options prior to stock split) options under the Employees Stock Option Plan of the Company. A total of 42,03,000 (4,20,300 options

News Verification : The media had reports that Karuturi Networks Limited may acquire an agriculture firm in Germany for 40 million euros and may also foray into horticulture. 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. Karuturi Networks Limited has vide its letter inter-alia stated, "We are broad basing our product portfolio into a larger agri product basket and accessing markets in newer geographies for the ag

Karuturi Networks Limited has informed the Exchange that "The company has completed its acquisition of 100,000 acres of land in Ethiopia, for cultivation of rice, vegetables, palm oil and sugarcane. The company is in the process of acquiring a further land bank of 650,000 acres of land in Ethiopia. This 100,000 acres is the first allotment from Government of Ethiopia from the overall grant of 750,000 acres of land to the company. The revenues from this new acquisitions will start to flow into the balance sheet of the company from the third quarter of the current financial year and revenues fro

News Verification : The media had reports that Karuturi Networks Limited may acquire a Dutch firm Florinex. 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. Karuturi Networks Limited has vide its letter inter-alia stated, "We would like to submit that the Company has not issued any press statement regarding the acquisition and we do not substantiate to any part of the news item."

Karuturi Networks Limited has informed the Exchange that the Company has decided to have April 11, 2008 as the record date for splitting of the stock from the existing face value of Rs.10 per share to Re.1 per share. Further the Company has informed the Exchange that the members of the Company have approved the resolutions on March 15, 2008 through postal Ballot. 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/KNL_PB_18032008.z

Karuturi Networks Limited has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules 2001 the Special Resolutions are to be passed by the members of the Company through Postal Ballot. Duly completed Postal Ballot Form should reach the scrutinizer, not later than the close of working hours on March 14, 2008. A copy of the postal ballot notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announceme

Karuturi Networks Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on January 19, 2008 has made the allotment of equity shares to the FCCB bond holders who have exercised the option of converting the bonds into equity shares. The details of allotment 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/karuturi_allotmnt_31012008.zip target=NEW> For more details click here.</a>

Karuturi Networks Limited has informed the Exchange that the Board of Directors of Karuturi Networks Limited, Bangalore met on January 30, 2008 and transacted the following business: (1) It is proposed to split the face value of its Equity Shares from the existing Rs.10/- per Share to Rs.1/- Share subject to the approval of the share holders. (2) It is proposed to enhance Board's borrowing powers from the existing Rs.500 crores to Rs.1500 cores keeping in view of its capex plans in the financial year after obtaining the consent of the share holders. (4) It is decided to float 3 new subsidiarie

Karuturi Networks Limited has informed the Exchange that: "Karuturi Networks Ltd on 19.10.2007 has completed all formalities leading to acquisitions of infrastructure and management control of Sher Agencies Ltd, Kenya. With this acquisition, Karuturi Networks Ltd has emerged as the worlds largest producer and exporter of roses. Karuturi Roses are available in Africa, USA, Europe, Middle East, Far East Asia, Australia and New Zealand. This acquisition renders Karuturi Networks as the truly Multi National and fully integrated company in India in the field of agriculture. Mr. Sai Ramakrishna Karu

Karuturi Networks Limited has informed the Exchange regarding a press release dated October 12, 2007, titled "Karuturi Networks Limited raises US$ 50 Million FCCB". 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).<a href=/content/corporate/karuturi_PR_15102007.zip target=NEW> For more details click here.</a>

Karuturi Networks Limited has informed the Exchange vide its letter dated September 14, 2007 that "The Board of Directors of the company met today and among others, transacted the following business. (1) The Board has made allotment of 11,06,250 equity shares to the FCCB bond holders who have exercised the option of conversion. The details of allotment is as under. (a) Name of the FCCB Bond holder : Lehman Brothers International (Europe); No of shares allotted : 921,875. (b) Name of the FCCB Bond holder : Goldman Sachs International; No of shares allotted : 184,375. (2) The Board has made allo

Karuturi Networks Limited has submitted to the Exchange a copy of the Resolutions passed through postal ballots. A copy of the resolutions passed by the members with majority 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/KNL_PBResolutions.zip target=NEW> For more details click here.</a>

News Verification : The media had reports that Karuturi Networks Limited has acquired the Dutch floriculture major Sher Agencies for around $69 million. 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. Karuturi Networks Limited has vide its letter inter-alia stated, "The proposal to acquire the aforesaid Dutch Company is still in the process of being finalized. As and when there is any official communication from th

Karuturi Networks Limited has informed the Exchange that the Board of Directors of the company met on August 13, 2007 & among others, transacted the following business : 1) Recommendation of final Dividend of 10% , (post bonus of 1:1) in addition to 10% of pre bonus interim dividend already paid. 2) The Board has decided to hold its Annual General Meeting on September 28, 2007. The Share transfer Books & Register of Members will be closed from September 26, 2007 to September 28, 2007 (both days inclusive). 3) The Board has made allotment of 18,43,750 equity shares to the FCCB bond holders who

Karuturi Networks Limited has informed the Exchange on July 30, 2007 that the Board of Directors of Karuturi Networks Ltd., Bangalore met today and inter-alia transacted the following: (1) Cessation of the Directorship of Mr. Dhirendra Kumar. (2) Board has proposed to raise USD 100 Million through issue of FCCBs.

Karuturi Networks Limited has informed the Exchange that pursuant to the members approval, the Board of Directors at their meeting held on July 14, 2007 has allotted 737500 equity shares to the FCCB holders who have exercised the option of conversion. 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/karuturi_misc_160707.zip target=NEW> For more details click here.</a>

Karuturi Networks Limited has informed the Exchange that the with reference to its Postal Ballot Notice dated April 30, 2007, postal ballot closed on May 31, 2007 and the scrutinizer has submitted his report on the postal ballot to the Chairman of the company on June 01, 2007. Based on the report the chairman has declared that the resolutions were passed with requisite majority. 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/K

Karuturi Networks Limited has informed the Exchange that " Karuturi Networks limited has acquired 100% Stake and Management Control in Estel communications Private Limited, a Delhi Based, Category A Internet Service Provider which was jointly promoted by a Nasdaq listed company and a Delhi group, focusing on providing end to end Network Solutions to several Corporates in the IT and ITES sector.With, this acquisition Karuturi will have a head start to expand into several locations across India.This acquisition attains significance as it helps expand the client base and provide a major boost to

Karuturi Networks Limited has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 the Special Resolutions are to be passed by the members through Postal Ballot. The Company has appointed Mr. Vijayakrishna K.T., Company Secretary as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer not later than the close of working hours on May 31, 2007. The result of the Postal Ballot will be announced

Karuturi Networks Limited has informed the Exchange that "Board of Directors of Karuturi Networks Ltd has approved acquisition of a company involved in ISP business based in Delhi. This move will enable the company establish a Pan India foot print and place the company in the list of the most elite broad band service providers in the country and will contribute significantly to the revenues and bottom line of the company starting from the second half of this financial year".

Karuturi Networks Limited has informed the Exchange that the Board of Directors of the company met on April 30, 2007 and inter-alia transacted the following: 1) The Board recommended issue of Convertible Warrants and for this purpose, approval of Share holders will be by postal ballot. 2) The Board has made allotment of Bonus shares in the ratio of 1:1 to all the share holders whose names appeared on the register of members of the company as on 25.04.2007.