KGL

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

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 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 "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".