If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Friday, July 31, 2015

Karuturi Global Ltd: The India's largest Rose Flower Exporter, is on a Dream Run
Earlier the India's largest rose exporter Karuturi Global Ltd (KGL) received an approval from the board of directors to offload its 53% stake in Mumbai-based Florista India Pvt Ltd, which operates a chain of floral designing boutiques across India, according to a stock market disclosure.

Recently Karuturi Global Ltd announced that the Committee of the Board of Directors of the Company at their meeting held on 25 May 2015, has allotted:

1. 34,50,00,000 Convertible Warrants of Face Value of Re. 1/- each to Non Promoters on Preferential Allotment basis through Resolution passed by the Shareholders at the Annual General Meeting held on 20 March 2015 pursuant to the provisions of Section 62 and other applicable provisions of the Companies Act, 2013.

2. 1000 Fully Convertible Debentures of Face Value Rs. 5,00,000/- each to Promoter through Resolution passed by the Shareholders at the Annual General Meeting held on 20 March 2015 pursuant to the provisions of Section 62, 71 and other applicable provisions of the Companies Act, 2013.

If you remember, the scrip was recommended at around Rs.1.20-1.50 and was asked to be averaged, on all declines. Congratulations to all, who followed this suggestion of mine and is now sitting on a pile of cash. The next target for the scrip seems to be Rs.7-9, as the company is taking of measures to improve both its top and bottomlines.
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