Karuturi Global Allotment Of Equity Share - June 16, 2009

The board of Karuturi Global has decided to issue commercial paper to the extent of Rs 50 crore to the eligible investors and have appointed AXIS Bank as the IPA agent and Karvy Computer equity share, Hyderabad as the R&T agent for the issue.

The board has made allotment of 36,87,500 equity shares of Re 1 each to Deutsche Bank AG London against 10 FCCB bonds of US $100,000 each surrendered for conversion with a conversion price of Rs 12 per equity share.

With this allotment, the total paid up capital of the company has gone up to Rs 45,65,96,575 divided into equal numbers of equity shares of Re 1 each.

This was decided at the board meeting held on 15 June 2009.

Karuturi Global - Allotment Of Shares- Feb 13, 2009

Karuturi Global Ltd has informed that the 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.

- Name of the allotte: Mr. Surya Rao K
No. of Shares allotted: 3,00,000

- Name of the allotte: SRY Crust
No. of Shares allotted: 22,34,907

With the above allotment the paid up capital of the Company will be enhanced from Rs 44,98,42,750/- divided into 44,98,42,750 equity shares of Rs 1 each to Rs 45,23,77,657/- divided into 45,23,77,657 equity shares of Re 1 each.