KLGSYSTEL

Klg Systel Ltd. has informed the Exchange that "The Company will publish its Audited Financial Results for the financial year 2007-08 within 3 months from the end of last quarter i.e. quarter ending March 31, 2008."

Klg Systel Ltd. has informed the Exchange vide its letter dated March 29, 2008 that "The Board of Directors of the Company in its meeting held on today, i.e. March 29, 2008 have resolved to allot 5,35,000 (Five Lacs Thirty Five thousand only) shares to the promoters of the Company namely Sh. Kumud Goel, Smt. Upasana Goel, Smt. Ritu Goel, Smt. Pushap Lata Goel and M/s KLG Computers Private Limited in accordance with the special resolution of EGM held on January 5, 2007, arising after conversion of 5,35,000 warrants out of the total of 10,70,000 earlier allotted in the meeting of board of direct

Klg Systel Ltd. has informed the Exchange that Mr. V. S. Jain, Director has resigned as Director of the Company in the capacity of an Independent and Non-executive Director with effect from March 5, 2008. The Company is in the process of appointing a Director in his place.

Klg Systel Ltd. has informed the Exchange that Utkarsh Trivedi has been appointed as Company Secretary cum Compliance Officer of the Company with effect from February 04, 2008.

Klg Systel Ltd. has informed the Exchange vide notes to Unaudited Financial Results for the quarter ended December 31, 2007 (taken on record by the Board of the directors of the Company at its Meeting held on January 14, 2008) that the Company raised USD 22.00 million from issue of FCCB in March 2007. The Company have utilised proceed amounting to USD 18.00 million in its expansion plan / new projects. Balance is still lying in fixed deposit.

Klg Systel Ltd. has informed the Exchange that the Board in its meeting held on January 14, 2008 transacted inter alia following businesses: 1) Allotment of 1200 fully paid up shares of Rs.10/- each at a premium of Rs.109.58 per share for cash to employee of the Company on exercise of options granted on April 12, 2006 in accordance with KLG Employee Stock Option Scheme, 2005. 2) Allotment of 327750 fully paid up shares of Rs.10/- each at a premium of Rs.390/- per shares upon conversion of FCCBs to the bondholders on exercise of options by the Bondholders.

Klg Systel Ltd. has informed the Exchange that: "Mr. Vinay Kumar, Company Secretary have resigned from the position with effect from 05.01.2008".

Klg Systel Ltd. has informed the Exchange that "KLG Systel has been awarded a contract for implementation of their software Vidushi and Automatic Meter reading (AMR)/ Advanced Metering Infrastructure (AMI) System i.e. SG 61 for Rs.75 Crores by a power distribution utility in India. The system shall be implemented in twelve months and maintained for five years. It shall cover one million power customers for the utility. This system will use KLG Systel's Inetllectual Property Rights (IPR)".

Klg Systel Ltd. has informed the Exchange regarding a press release dated September 18, 2007, titled "Klg Systel Ltd. bags Order worth Rs.32.5 Crore". 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/KLGsystel_PR_18092007.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange regarding a press release dated September 13, 2007, titled "connectgaia.com awarded CII National Award for Innovative Energy Saving Product/Services". 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/Corporate Announcements).<a href=/content/corporate/KLGSystel_PR_13092007.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange regarding a press release dated September 10, 2007, titled "Connectgaia.com qualifies for IBM's Service-Oriented Architecture Specialty - IBM SOA Specialty program helps connectgaia.com bridge gap between IT and business". 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/KLGSystel_PR_10092007.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange regarding a press release dated August 29, 2007, titled "KLG Systel bags Orders over Rs.67 Crore". 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/KLGBAGS_PR_29082007.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange regarding a press release titled "KLG Systel Ltd becomes majority shareholder in Atlantis Lab by acquiring 51% Stake". 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/Corporate Announcements).<a href=/content/corporate/klg_PR_270807.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange that : "The Company raised USD 22.00 million from issue of FCCB in March 2007. The Company have utilised proceed amounting to USD 5.50 million in its expansion plan / new projects. USD 16.50 millions is still lying in fixed deposit outside India."

Klg Systel Ltd. has informed the Exchange that the Board in its meeting held on July 30, 2007 transacted inter alia following business: (1) Allotment of 13800 fully paid up shares of Rs.10/- each at a premium of Rs.109.58 per share for cash to employees of the company on exercise of options granted on April 12, 2006 in accordance with KLG Employee Stock Option Scheme, 2005. (2) Resolved to appoint Mr. Mukesh Arora, present CEO of the company as Whole Time Director of the company with effect from August 01, 2007.

Klg Systel Ltd. has informed the Exchange that: "Ranked 43 on the market cap index at Rs.430 crore, by IT magazine DATAQUEST (a cyber Media Publication), KLG Systel makes its presence felt among the premier league of TOP 200 Indian IT Brands. DQ Top 200 ranking is in all practicality the only such ranking available on and accepted by the India IT industry. Making space for itself among the barons of this industry - TCS, Infosys, Wipro, etc. - KLG Systel has emerged as a strong contender in the specialized products space in its own right. The company stands apart from the general trend that the

Klg Systel Ltd. has informed the Exchange that: "KLG Systel Ltd; Power Systems and Solutions Division has developed the portfolio of SG61, Vidushi and Connectgaia.com technologies on IBM Websphere platform for addressing the AMR, AMM, Power Utility, Power Distribution & Optimization and Demand Side Management Market. As a Partner of SAP India, KLG has also achieved SAP's "Powered by Netweaver" and "Certified on Netweaver" certification for its Vidushi and SPInterlink software. The company recently bagged two major orders from Shree Cements and Jamshedpur Utilities and Services Company Limited

Klg Systel Ltd. has informed the Exchange regarding a press release dated June 22, 2007, titled "KLG Systel reconstituted its Board of Directors". 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/Corporate Announcements).<a href=/content/corporate/KLGSystel_PR_22062007.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange that : "The Board of Directors of the Company in its Meeting held today, i. e. June 20, 2007 have allotted 5,00,000 (Five Lacs only) warrants to the strategic investors of the Company namely Godman Sachs (Asia) Finance - 350,000 warrants and BNP Paribas Arbitrage Ltd. - 150,000 warrants in compliance with the Special Resolution passed at its Annual General Meeting of the Company held on June 07, 2007 on Preferential basis @ 362 per warrant convertible at the option of the warrants holder into equity shares of Rs. 10/- each at a premium of Rs. 352/- per

Klg Systel Ltd. has submitted to the Exchange the Minutes of the Annual General Meeting of the Company held on June 07, 2007. 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/KLG_MinutesofAGM.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange that the Shareholders of the Company in its Annual General Meeting held on June 07, 2007 had passed the resolution as per the Notice of the AGM. 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/KLGSys_Pro_07062007.zip target=NEW> For more details click here.</a>

Klg Systel Ltd. has informed the Exchange regarding a press release dated May 30, 2007, titled "KLG Systel unveils www.connectgaia.com - The Intelligent Electricity Platform to Manage Energy Crisis and Global Warming - The convergence of Internet & Power networks to unveil a viable solution for energy demand management and sustained development; Revolutionary technology that empowers consumers to manage electricity better and optimize usage". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Ex

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on May 07, 2007 transacted the following business:- (1) The Board decided to hold the Annual General Meeting of the Company on June 07, 2007. (2) The register of members and share transfer register shall remain closed from June 04, 2007 to June 07, 2007 (both days inclusive). (3) Allotment of 42,900 fully paid up shares of Rs.10/- each at a premium of Rs.109.58 per share for cash to independent directors/ employees of the company on exercise of options granted on April 12, 2006 in accordanc

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on today, i.e. May 07, 2007 have resolved to issue upto 500,000 warrants convertible into equity shares to strategic investors of the Company namely Goldman Sach (Asia) Finance and BNP Paribas Arbitrage on preferential basis at a price in accordance with provision of the Chapter XIII on preferential issues of SEBI (Disclosure and Investor Protection) Guidelines, 2000 in this behalf subject to approval of shareholders of the Company by Special resolution in the Annual General Meeting to be

Klg Systel Ltd. has informed the Exchange on May 07, 2007 that: "The Company received Rs.279.27 lacs during quarter ended March 31, 2007 from allotment of warrants to promoters. The proceeds of issue have been utilised for creation / development of infrastructure facilities for Research and Development centre and meeting working capital requirements"

Klg Systel Ltd. has informed the Exchange that the Board Meeting of the Company was held on May 07, 2007. Further, the Company have paid an interim dividend on equity shares @25.00% on 10,782,900 equity shares of Rs.10 each fully paid up which is the final dividend for the year.

Klg Systel Ltd. has informed the Exchange that " pursuant to the special resolution passed by the shareholders of the Company at its EGM held on February 10, 2007 the company has raised US$22 million by way of issuing Foreign Currency Convertible Bonds. The issue closed on Monday, March 26, 2007. Consequently, the Board of Directors has allotted 2200 Foreign Currency Convertible Bonds of US$ 10,000 each to Goldman Sachs International. The FCCBs will be listed on the Singapore Stock Exchange. Elara Capital Plc, London has been the sole Lead Manager and book runner for the issue".

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on today, i.e. March 12, 2007 had transacted the following businesses : (1) Declared an Interim Dividend of 25% i.e. Rs. 2.5 per shares to be paid to equity shareholders as on record date i.e. March 23, 2007. (2) Resolved to issue upto 12,50,000 (Twelve Lacs Fifty Thousand only) warrants convertible into equity shares, to strategic investors of the Company on preferential basis in accordance with the provisions of Chapter XIII on preferential issues of SEBI (Disclosure and Investor Protecti

Klg Systel Ltd. has informed the Exchange that �the Board of Directors in its meeting held on today i.e. February 24, 2007 have appointed Mr. Prabir Sengupta as additional Director of the Company in the capacity of an Independent and Non-executive Director with effect from today i.e. February 24, 2007�.

Klg Systel Ltd. has informed the Exchange that "The Shareholders of the Company in its Extra ordinary General meeting held on February 10, 2007 had passed the following Special Resolution as per the Notice of the EGM : (1) Aurthorization to Company u/s 81(1A) of the Companies Act, 1956 to raise an amount not exceeding US Dollars 25 Million (United States Dollars Twenty Five Millions only) from Overseas/Domestic Market by issue of ADR/GDR/FCCB or other financial instruments, subject to the compliance of provision of various Laws rules, regulations as may be applicable and subject to the consent

Klg Systel Ltd. has informed the Exchange that Bear Stearns & Co. A/c BSMA Ltd. has sold 1,00,000 shares aggregating to 0.93% of the total paid up capital of KLG Systel Ltd. on January 15, 2007. The mode of sale is Secondary Market Sale and the shareholding of Bear Stearns & Co. A/c BSMA Ltd. after the said sale is 1,87,469 shares aggregating to 1.74% of the total paid up capital of KLG Systel Ltd.

Klg Systel Ltd. has informed the Exchange on January 17, 2007 that "the Board of Directors of the company in its meeting held on today, i.e. January 17, 2006 at Gurgaon had passed the resolutions for Allotment of 10,70,000 (Ten Lacs Seventy Thousand only) warrants to the promoters of the company on Preferential basis @ Rs. 261/- per warrant convertible at the option of the warrant holder into equity shares of Rs. 10/- each at a premium of Rs. 251/- per share, which is arrived at in accordance with Chapter XIII of SEBI (DIP) guidelines on Preferential issues, which was earlier approved by the s

Klg Systel Ltd. has informed the Exchange that "the Board its meeting held on today, January 08, 2007 had taken on record the unaudited Quarterly results of the Company for the Quarter ended on December, 31, 2006 after review by Audit Committee and limited review of auditors. The Board in its meeting held on today also considered to raise funds upto US $ 25 Million from Overseas /Domestic market by issue of ADR/GDR/FCCB or other financial instruments, subject to the approval of the shareholders of the Company in its Extra Ordinary General Meeting scheduled to be held on February 10, 2007."

Klg Systel Ltd. has informed the Exchange that "the Shareholders of the Company in its Extra Ordinary General meeting held on today, i.e. January 05, 2007 at Gurgaon had passed the resolution as per the Notice of the EGM for following purposes: (1) Appointed Mrs. Ritu Goel as Director of the company under section 257 of the companies Act, 1956 who was earlier appointed as Additional Director of the company by the Board of Directors in its meeting held on October 19, 2006. (2) Approval of appointment of Mrs. Ritu Goel as Whole Time Director designated as Director (Business Development) and appr

(4) Authorization to the Board of Directors under section 293 (1) (d) of the Companies Act, 1956 to borrow any sum or sums of money from time to time which together with moneys already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business) may exceed, at any time the aggregate of the Paid-up Capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose, by a sum not exceeding Rs. 150 Crores (Rupees One Hundred Fifty Crores)".

Klg Systel Ltd. has informed the Exchange that: "The Board of Directors of the company in its meeting held on Today, i.e. December 05, 2006 at Gurgaon had resolved to allot 10,70,000 (Ten Lacs Seventy Thousand only) warrants to the promoters of the company on Preferential basis @ Rs.261/- per warrant convertible at the option of the warrant holder into equity shares of Rs.10/- each at a premium of Rs 251/- per share, which is arrived at in accordance with Chapter XIII of SEBI (DIP) guidelines on Preferential issues, subject to the approval of shareholders in its Extra Ordinary General Meeting

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on November 09, 2006 have resolved to allot 4,00,000 (Four Lacs Only) shares to the promoters of the Company namely Sh. Kumud Goel, Smt. Upasana Goel, Smt. Ritu Goel and Smt. Pushap Lata Goel in accordance with the special resolution of EGM held on May 11, 2006, arising after conversion of warrants earlier allotted in the meeting of BoDs held on May 23, 2006.

Klg Systel Ltd. has informed the Exchange that the Board of Directors in its meeting dated October 19,2006 have appointed Mrs. Ritu Goel as Whole Time Director of the company with effect from October 19,2006.

Klg Systel Ltd. has informed the Exchange that Mr. Vinay Kumar has been appointed as Company Secretary cum Compliance Officer of the company with effect from October 13,2006.

Klg Systel Ltd. has informed the Exchange that the company has been awarded the execution of an order worth Rs 240 Million. Using its SG61 technology, the company has proposed Feeder Renovation program, which has been accepted by the Punjab and Rajasthan Government. The company has won two orders, from Jaipur Vidyut Vitran Nigam Limited for Rs 190 million and from Punjab State Electricity Board for an order value of Rs 50 million. As part of this program, the company has been nominated to reconfigure 11 KV feeders for areas of Bharatpur for Jaipur Vidyut Vitran Nigam Limited. The System will c

Klg Systel Ltd. has informed the Exchange that Mr. S. P. Bathla, Company Secretary has resigned from the position with effect from September 22, 2006.

News Verification : The media had reports on September 21, 2006 that Klg Systel Ltd. has signed an outsourcing deal wih discoms. 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. Klg Systel Ltd has vide its letter inter-alia stated, "We deny having signed an outsourcing deal which will yield Rs. 4500 Crores in 10 years. However, we are providing IT and Outsourcing to various state Electricity Boards such as Punjab, R

News Verification : The media had reports that Klg Systel Ltd. has signed an outsourcing deal wih discoms. 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. Reply is awaited from Klg Systel Ltd.

Klg Systel Ltd. has informed the Exchange that the Company has raised US$ 7,499,700.00 by way of issuing 2,307,600 Global Depository Receipts in the International markets. The Global Depository will be listed on the Luxembourg Stock Exchange. Elara Capital Advisers Limited acted as Lead Manager for the Issue.

Klg Systel Ltd. has informed the Exchange that (i) In 2005-06, KLG Systel was awarded a technical consulting assignment to suggest improvements in the 11 KV High Voltage Distribution System for the areas of Banswara and Chittorgarh by Ajmer Vidyut Vitran Nigam Limited. Using its SG61 technology KLG proposed a renovation program, which was accepted by the Rajasthan Government. Consequently, the Company has now been awarded the execution of order worth Rs. 60 crores, 11 KV system for renovation for these areas. The system will cover the total 105 11 KV feeders serving domestic rural consumers in

Klg Systel Ltd. has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 05, 2006 to September 08, 2006 (both days inclusive) for the purpose of payment of dividend, if declared, at the AGM of the Company which is scheduled to be held on September 08, 2006.

Klg Systel Ltd. has informed the Exchange that Mr. B.D. Gupta has been appointed as additional Director of the Company in the capacity of an independent and Non-executive Director with effect from July 10, 2006.

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on May 23,2006 had passed the following resolutions : 1) Allotment of 4,00,000 (Four Lakhs only) warrants to the promoters of the company on Preferential basis @ Rs.106/- per warrant convertible at the option of the warrant holder into equity shares of Rs.10/- each at a premium of Rs.96/- per share, which is arrived at in accordance with Chapter XIII of SEBI (DIP) guidelines on Preferential issues, which was earlier approved by the shareholders in its EGM held on May 11,2006. 2) Decision re

Klg Systel Ltd. has informed the Exchange that the Shareholders of the Company in its Extra ordinary General meeting held on May 11, 2006 had passed the following special resolutions as the Notice of EGM. Authorization to Company u/s 81(1A) of the Companies Act, 1956 to issue 4,00,000 (Four Lakhs Only) warrants to the promoters of the Company namely Mr. Kumud Goel, Mrs. Upasana Goel, Mrs Ritu Goel and Mrs. Pushap Lata Goel on preferential basis @ Rs. 106/- per warrant convertible at the option of the warrant holder into equivalent number of equity shares of Rs. 10/- each at a premium of Rs.96/

Klg Systel Ltd. has informed the Exchange that hat the BODs of the Company at their meeting held on April 22, 2006 have recommended a Dividend of 15% on the Paid-up Share Capital of the Company.