PRITHVI

Prithvi Information Solutions Limited has informed the Exchange that: "The utilisation of IPO proceeds as at 31st March, 2007 is as follows: (a) spent towards IPO expenses- Rs.10 crores, (b) Working Capital induction of- Rs.20 crores and (c) spent on offshore Development Centre- Rs.66 Crores. Balance is being utilised in due course".

Prithvi Information Solutions Limited has informed the Exchange that: "The Board of Directors at their meeting held on 18th April, 2007 had approved payment of interim dividend @ 20% for the year 2006-07 viz. Rs.2.00 on every share of Rs.10/- each and fixed May 05, 2007 as Record Date for the above purpose".

Prithvi Information Solutions Limited has informed the Exchange that the meeting of the Board of Directors of the Company was held on April 18, 2007 and approved the un audited financial results for the year ended March 31, 2007. (1) As per the results, the net income from sales/services has risen to Rs. 76827.44 lakhs from Rs.45272.48 lakhs for the previous year, which is growth of 69.70%. (2) The operating profit before interest and depreciation stood at Rs.10736.78 lakhs (previous year Rs.5362.90 Lakhs), increase of 100.20%. (3) The operating profit after interest and depreciation for the y

Prithvi Information Solutions Limited has informed the Exchange that the meeting of the Board of Director of the Company held on April 18, 2007 has announced an interim dividend of 20% for the year 2006-07. viz., Rs.2.00 on every share of Rs.10/- each on the paid up capital of Rs.18.07 Crores. (Previous Year Interim Dividend is 15% on the paid up capital of Rs.18.07 Crores).

Prithvi Information Solutions Limited has informed the Exchange that "the Board has received a communication recently from the company's statutory auditor i.e M/s Patwari & Co., that they will not be able to continue as auditors for the financial year 2007-08 onwards and requested the Company to make alternate arrangements. Therefore, the Board of Directors in their meeting held on 26th February, 2007 have resolved to recommend the name of S R Batliboi & Associates (Ernst & Young) to be appointed as statutory auditors of the Company for the Financial Year 2007-08 onwards. The Company is please

Prithvi Information Solutions Limited has informed the Exchange on February 26, 2007 that: "The Board of Directors of Prithvi Information Solutions Limited, have met today and allotted Zero Coupon FCCBs to an extent of USD 50,000,000 to Lehman Brothers Europe, London at a conversion price of Rs.469.13 (Rs.44.0900 per USD). The bonds are due for redemption in 2012. M/s Edelweiss Capital Limited and Athena capital Partners, LLP have acted as the Joint Lead Managers. The Bank of New York acts as Trustees for the Bonds. The proceeds of the Bonds will be utilized for the purpose of overseas acquisi

Prithvi Information Solutions Limited has informed the Exchange that "Prithvi Information Solutions Limited (the "Company") has launched a USD 50,000,000 Zero Coupon Foreign Currency Convertible Bonds Due 2012 (the "Bonds") Offering (the "Offering"). The Offering has been approved by the shareholders of the Company by way of a special resolution at their Annual General Meeting held on 29th September, 2006. The Bonds will be listed on the Singapore Exchange Securities Trading Limited. The Offering has been fully subscribed and the conversion price for the Bonds has been fixed at Rs. 469.13 per

Prithvi Information Solutions Limited has informed the Exchange that: "The utilisation of IPO proceeds as at 31st December, 2006 is as follows: (a) spent towards IPO expenses- Rs.10 crores, (b) Working Capital induction of- Rs.20 crores and (c) spent on offshore Development Centre- Rs.66 Crores. Balance is being utilised in due course".

Prithvi Information Solutions Limited has submitted to the Exchange a copy of extracts of the resolutions passed by the members at their AGM held on September 29,2006. A copy of the extracts 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/PrithviSol_Res_10112006.zip target=NEW> For more details click here.</a>

Prithvi Information Solutions Limited has informed the Exchange that the utilisation of IPO proceeds as at September 30,2006 is as follows : (a) Spent towards IPO expenses - 10 crores, (b) Working Capital induction - Rs.20 crores and (c) Spent on Offshore Development Centre - Rs.66 Crores. Balance is being utilised in due course.

Prithvi Information Solutions Limited has informed the Exchange regarding the outcome of the Board meeting held on October 31, 2006. The details of the unaudited financial results for the quarter ended September 30, 2006 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/Prithvi_Re_31102006.zip target=NEW> For more details click here.</a>

Prithvi Information Solutions Limited has informed the Exchange that the members at the Annual General Meeting of the Company held on September 29, 2006 have approved and passed the following resolutions:- (i) Re-appointment of Mr. V Satish Kumar as a Director. (ii) Confirmed the payment of Interim Dividend @ 15% and declared Final Dividend @ 10% for the Financial Year 2005-06. (iii) Re-appointment of Patwari & Co., Chartered Accountants, as Statutory Auditors of the Company. (iv) Appointment of Dr. S P Narang, Mr. Omakr Srinivas Bhongir and Mr. S. Lalith Prasad as Independent Directors of the

Prithvi Information Solutions Limited has informed the Exchange that Register of Members and Share Transfer Books of the Company will remain closed from September 25,2006 to September 29,2006 (both days inclusive) for the purpose of payment of final dividend and AGM of the company to be held on September 29,2006.

Prithvi Information Solutions Limited has informed the Exchange that the Board of Directors of Company at their meeting held on August 30, 2006 had approved:- (a) Convening the Annual General Meeting for considering annual audited accouts for the year ended March 31, 2006, on September 29, 2006. (b) Recommended for final dividend of 10% (Ten) percent in addition to the 15% interim dividend already paid. (c) Modification of Issue of shares up to 70 million USD (or its rupee equivalent) to qualified institutional buyers through QIP/FCCBs/GDR etc.

Prithvi Information Solutions Limited has informed the Exchange that the meeting of the Board of Directors of the Company was held on July 19, 2006 and approved the un audited financial results for the quarter ended June 30, 2006. As per the results, (i) The Company has achieved turnover of Rs. 13982.45 Lakhs and net profit of Rs. 1847.85 Lakhs for the quarter ended June 30, 2006. (Previous year Rs. 9822.33 Lakhs and Rs. 1022.93 lakhs respectively.) The turnover and net profit have increased by 42.35% and 80.64% respectively compared to corresponding period last year. (ii) The company has acqu

Prithvi Information Solutions Limited has submitted to the Exchange a copy of the proceedings of the EGM of the members of the Company held on April 29, 2006. A copy 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).

Prithvi Information Solutions Limited has informed the Exchange that the registered office Telephone and Fax numbers were changed as per details given below :- Old Numbers : Tel No. 55846017, 55846018 and 55846019. Fax No. 558466021. New Numbers : Tel. No. 66846017, 66846018 and 66846019. Fax No. 66846021.

Prithvi Information Solutions Limited has informed the Exchange that the members at their extra ordinary general meeting held on April 29,2006 had approved the following agenda : 1) Raising funds through issue of Foreign Currency Convertible Bonds up to USD 70 millions for overseas acquuisitions and further business expansions. 2) Issue of 9,03,850 equity shares as ESOS i.e. 5% of the present paid up capital under ESOS-2006. 3) Approval for borrowing Powers up to Rs 4000 million. 4) Increase of Authorised Share Capital to Rs 300 million from the existing Rs 200 million. 5) Payment of Remunerat

Prithvi Information Solutions Limited has informed the Exchange that the Board of Directors has fixed May 15, 2006 as Record Date for the purpose of payment of Interim Dividend.

Prithvi Information Solutions Limited has informed the Exchange that the meeting of the BoDs of the Company was held on April 26, 2006 and approved the following : (1) The Company has announced a maiden interim dividend of 15% for the year 2005-06 viz Rs.1.50 on every share of Rs.10/- each which works out around 40% on annual basis for the public issue allottees who were allotted shares during November 2005. (2) The Company has decided to set up a wholly owned subsidiary in Singapore and also register itself in Software Export Zone Dubai. (3) The Company has entered into an agreement with Walk

Prithvi Information Solutions Limited has submitted to the Exchange a copy of the Notice of EGM to be held on April 29, 2006. 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).

Prithvi Information Solutions Limited has informed the Exchange that an EGM of the members of the company will be held on April 29,2006 to consider the following agenda : 1)Raising funds through issue of FCCBs up to USD 70 million for overseas acquisitions and further business expansions.2)Issue of 9,03,850 equity shares as ESOS i.e. 5% of the present paid up capital under ESOS-2006.3)Approval for borrowing powers up to Rs.400 crores.4)Increase of authorized share capital to Rs.30 crores from the existing Rs.20 crores.5)Payment of remuneration to non executive directors.

Prithvi Information Solutions Limited has informed the Exchange that the Board of Directors of the Company was held on March 11, 2006 and approved inter alia the following agenda :- (1) Raising funds through issue of FCCBs up to US $ 70.00 Million for overseas acquisitions and further business expansions and convening members meeting for the same. (2) Issue 9,03,850 equity shares as ESOS i.e. 5% of the present paid up capital under ESOS - 2006. (3) Appointment of Mr. S Lalith Prasad, Sr. Practising Chartered Accountant as an Independent Director. (4) Resignation of Mr. PVR Rajendra Prasad, as

Prithvi Information Solutions Limited has informed the Exchange that Mr. S Lalith Prasad had been appointed as an Alternate Director to Mr. Omkar Srinivas Bhongir by the Board.

Emerging Markets Investors Corporation Emerging Markets Management, L.L.C. had informed the Exchange that Emerging Markets Management L.L.C. a/c EMSAF - Mauritius has acquired 141,755 shares aggregating to 0.76% of the total paid up capital of Prithvi Information Solutions Limited on November 30, 2005. The mode of acquisition is Open market and the shareholding of Emerging Markets Management L.L.C. a/c EMSAF - Mauritius after the said acquisition is 956,755 shares aggregating to 5.10% of the total paid up capital of Prithvi Information Solutions Limited. Emerging Markets Investors Corporation

Prithvi Information Solutions Limited has informed the Exchange that Emerging Markets Management L.L.C. a/c EMSAF - Mauritius has acquired 141,755 shares aggregating to 0.78% of the total paid up capital of Prithvi Information Solutions Limited on November 30, 2005. The mode of acquisition is Open market and the shareholding of Emerging Markets Management L.L.C. a/c EMSAF - Mauritius after the said acquisition is 956,755 shares aggregating to 5.29% of the total paid up capital of Prithvi Information Solutions Limited.

Emerging Markets Investors Corporation Emerging Markets Management, L.L.C. has informed the Exchange that Emerging Markets Management L.L.C. a/c EMSAF - Mauritius has acquired 141,755 shares aggregating to 0.76% of the total paid up capital of Prithvi Information Solutions Limited on November 30, 2005. The mode of acquisition is Open market and the shareholding of Emerging Markets Management L.L.C. a/c EMSAF - Mauritius after the said acquisition is 956,755 shares aggregating to 5.10% of the total paid up capital of Prithvi Information Solutions Limited.