FOUNDER, GLOBAL GROUP

Mr. Manoj G. Tirodkar, Chairman & Managing Director of the Global Group is Born on 5th October 1964. He is a first generation entrepreneur. He is widely recognised for his efforts towards creating an efficient and environment friendly telecom industry. He has been championing the cause of Shared telecom infrastructure model and Green Telecom. Global Group has 7 companies, two of which are listed on Indian Stock Exchanges (BSE & NSE). The Group is expected to own more than 32,500 towers,cross revenues of US$ 1.5 Billion, total asset size of over US$ 5 Billion and more than 35,000 professionals by FY 2012. The Group has Operations in more than 40 countries, employs people of 22 nationalities and supports 18 social causes. Under his leadership, Global Group companies have partnered with leaders in technologies like Qualcomm, Ericsson, Alcatel-Lucent, Nokia Siemens Networks, Huawei, ZTE etc to offer Network services across the world. As part of his vision for a cleaner and greener environment, Global Group is investing over US$ 520 Mn in engineering the worlds largest green tower roll out, using energy management solutions and greener sources of fuel like Solar, Wind, Biomass etc. A firm believer in Corporate Social Responsibility, Manoj Tirodkar supports a number of causes through Global Foundation. He takes keen interest in educating under privileged children in rural India, improving their health and helping the cause of visually challenged. Mr. Tirodkar received several awards and recognitions for his contribution to industry and entrepreneurship. He is the first Indian to win the prestigious World Young Business Achiever Award 2000 (WYBA) presented by Worldcom group. He also won the Confederation of Indian Industrys (CII) Young Entrepreneur Trophy and Telecom Man of the year. For over two decades the Group has been partnering with leading Telecom OEMs and Operators, to offer its solutions in the wireless communications space. From 2G networks to 3G and 4G, from, WiMAX to IPTV, Global Group provides complete life cycle solutions of Network Services and Telecom Infrastructure. By 2011 the group plans to erect, engineer and manage over 1,00,000 cell sites across 150 networks. These networks will connect more than 100 million subscribers in 50 countries across the world.

Background
Coming from a middle class background, within a short period of 21 years, with his visionary outlook, he conceived, nurtured and developed GTL, the Flagship company of Global Group, into Indias largest network services company to the world. GTL offers Network Services to leading Telecom Carriers and Technology providers across 35 countries. In a sector, where experience and qualifications are treated as pre-requisites, Mr. Tirodkar has demonstrated the limited relevance of these perceived notions through the success of GTL. Mr. Tirodkar established GTL in 1987, at the age of 23 years, for distribution and marketing of telecom products. With the liberalization of the Indian Telecom Sector in India and the increasing telecommunication needs all over the world, he led the Company to position itself it as a provider of Network and Consultancy Services. The services provided by the Company in Network Services include Network Planning & Design, Network Deployment, Network Operations & Maintenance, Infrastructure Management, Applications Management, Professional Services and Energy Management. Today the Company is one of the leading providers of Network Services to the telecom operators and technology providers (OEMs), globally. In 2004, Mr. Tirodkar envisaged the massive telecom growth in the country and conceptualised sharing of passive infrastructure for telecom in India, which was already a successful model in the Western countries. GTL Infrastructure, which was de-merged from GTL Limited, is the pioneer for passive telecom infrastructure in India. It is in the midst of rolling out app 25000 in the next three years, with a capital investment of USD 1.8 Billion (Rs 7200 Cr). A majority of these towers would be deployed in rural and semi urban India, which would help improve the connectivity and bring in affordable communications to the millions of Indians living there. Under his leadership GTL is also aggressively pursuing organic and inorganic growth strategies that would enable GTL to become the Worlds largest Network Services Company. The current strategies of the Organization are being driven by Mr. Tirodkars vision 2011, which envisages GTL becoming the worlds largest Network Services Company with a revenue base of USD one Billion, and operations in 50 countries. The inorganic growth initiatives that have been carried out so far are GTL acquired Genesis Consultancy, a company with an expertise in the 3G platforms with revenues of GBP 7.5 mn and 120 experienced engineers, strengthening the companys positioning in the 3G space. GTL Limited acquired ADA Cellworks, a leading player in Network Planning and Optimization in Asia Pac from Intel Capital and Malaysian Government. ADA Cellworks has presence in China and Asia Pac. GTL also acquired SCS, a Network Deployment company with presence in the important market of USA and has relationships with leading service providers.

Mr. Manoj has been quick to recognize changes in the business environment and has always been a pioneer in bringing in new business models to Indian market. In 1993, the Company started providing systems for internal voice and data networks. In 1995-96, it set up the largest private nationwide data network in India covering 9 cities. In 1996, the Company was the first to provide a robust e-commerce platform in India. In 1997, GTL took a strategic initiative by entering into a JV with Broad system Multimedia, Australia, (a Rupert Murdoch Group Company) to set up a state of-the-art Call Management Company (BPO), well ahead of time. The Company thus became one of the leading third party IT enabled services (ITeS) in India. Mr. Tirodkar is a strong believer in systems led organization and believes in quality being the pillar of building brand equity. Under his guidance and leadership, the company has taken several initiatives like Balance Score Card and Six Sigma for Business Excellence and Process Excellence respectively. The company is having several certifications like ISO 9000:2001 and ISO 14001 certification for Environment Management. As a part of Corporate Social Responsibility, the Company under Mr. Tirodkars leadership extends support for: Promotion of the interest of physically challenged. Children and Women education. Promotion of educational and health facilities in rural areas.

The Company has also formed a Trust under the name GTL Foundation for the above purpose. GTL provides upto one percent of its net profits towards CSR activities and encourages employees to take active part. The activities have been recognized by several institutions. Some of them are mentioned below GTL Limited has been featured amongst Top 10 in the Standard & Poors ESG India Index GTL was honoured with Corporate Governance- Business for Social Responsibility Award from BSR, an independent Agency based out of San Francisco and presented by the Bombay Stock Exchange. TEMA Telecom Equipment Management Association of India awarded GTL for Excellence in Infrastructure for Connecting people with Disability. GTL won the Pegasus Silver Award for Corporate Social Responsibility from premier international magazine Readers Digest. GTL Foundation also received the Golden Peacock Award for Innovation for the Projects Knowledge on Wheels and Talk 64, 2 projects undertaken by the Group. Till date GTL foundation has benefited more than 90,000 children by providing IT education, and has provided benefit to more than 60 visually challenged people. In his individual capacity also, Mr. Tirodkar has been reaching out to the underprivileged section of the society through MGT Foundation Trust. The Group is also known to offer excellent working conditions and provides for social benefits like medical care, insurance for employees and their families. Distinctions and recognitions bestowed on Mr. Tirodkar: Mr. Tirodkar was conferred the HR Excellence Award for CEO with HR Orientation at the HRD Congress at Bangalore in 2007.

 Mr. Tirodkar won the prestigious Bharat Shiromani Awards in 2007. He received this award from Shiromani Institute, a non-profit voluntary organization of intellectuals, thinkers and social workers who promote national development and research on Indian life. Mr. Tirodkar, is also recipient of 'National Level Entrepreneurship Awardin the IT Sector 2004 instituted by the Jagatik Marathi Chamber of Commerce & Industries. (JMCCI) an organization of Marathi speaking Business Community spread across the world. Mr. Tirodkar won CII Young Entrepreneur Trophy for 2001. The trophy recognizes young managers below 40, with outstanding performance and leadership qualities and is awarded to one, who is both an achiever in terms of track record as well as a fine, all round human being with consideration and compassion for people. Mr. Tirodkar became the first Indian to win the prestigious World Young Business Achiever Award 2000 (WYBA) presented by WorldCom Group, at Orlando, USA. Mr. Tirodkar is also a recipient of the Telecom Man of the Year Award for the year 1996. Mr. Tirodkar was one of the finalists for the 2nd Ernst & Young Entrepreneur Of The Year Award 2000. Business Barons-Taylor Nelson Sofres Mode Opinion ranked Mr. Tirodkar as the 13th and 12th BEST CEO for the years 2000 & 2001 respectively.

Introduction
GTL Limited, a Global Group Enterprise, is a leading Network Services company, offering services and solutions to address the Network Life Cycle requirements of Telecom Carriers and Technology providers (OEMs). GTL's consolidated revenues for the period ending March 31, 2011 stood at ` 3,130.41 Crores. GTL has operations in more than 40 countries. Global Group is India's leading business group focused on Network Services and Shared Telecom Infrastructure.Global Holding Corporation Pvt. Ltd. is the holding company of "Global Group" that has 7 operating companies, two of which are listed on Indian Stock Exchanges. The Group owns more than 32,000 towers and have revenues in excess of US$ 1.5 Billion, Balance sheet size of over US$ 5 Billion, and more than 35,000 professionals (FY 2012E). The Group has operations across 40 countries around the globe, employs people of 22 nationalities and supports 18 social causes. For over 2 decades Global Group has been partnering with leading telecom operators and OEMs offering its expertise in wireless communications. From 2G Networks to 3G, from WiMAX to IPTV, Global group provides complete life-cycle solutions around Network Services. The services include Network Planning and Design, Network Deployment, Network Operations and Maintenance, , Energy Management and Professional services. Global Group Enterprises have received more than 35 accolades and awards for excellence in Business, CSR and Corporate Governance. The group's flagship company GTL features in the in the S&P's ESG India Index, is the recipient of "Outstanding Achievement" trophy from IMC RBNQA, "Certificate for strong Commitment" from CII-ITC for Sustainable Development and "Greentech Environment Excellence" Award. GTL Infra has won "Best Independent Infrastructure Provider" from Tele.Net, "Innovative Infrastructure Company of the year" by CNBC TV18 and "Top Independent Infrastructure Provider of India" by V&D. Global Towers has been awarded the "Best in class Innovation in Manufacturing Award" at International India Innovation summit, 2010. The Group offers excellent working conditions and provides social benefits like free Medical Care and Insurance for the employees' families.

VISION To become worlds largest Network Service provider

VALUES Ethics & Transparency Proactively manage change Delight customers through superior services Develop entrepreneurs through an achievement-oriented culture Build a sustainable global organisation Share knowledge and focus on end-result

CULTURE We believe in an environment that Promotes Performance Nurtures Teamwork Strengthens Quality Consciousness Encourages Transparency and Facilitates Professional growth

LOCATIONS
Locations Corporate Headquarters Operational Headquarters Worldwide Offices Email : : : : Mumbai, (India) Navi Mumbai (India) 40 countries spread across Africa, Asia- Pacific, Middle East, North America, South Asia and Western Europe. marketing@gtllimited.com

BOARD OF DIRECTORS Chairman & Managing Director Independent Senior Director Independent Director Independent Director Independent Director Independent Director Independent Director Independent Director Whole-time director Whole-time director Tirodkar, Manoj G. Patil Sadanand D. Prof. Sahasrabudhe S.C. Navin J. Kripalani D.S. Gunasingh Prof. Navathe Shamkant B. Vij M.Vijay Hemant Desai Roy, Sukanta Kumar Naik Charudatta K.

FINANCIAL SUMMARY

Summary: Financial Particulars Total Income Profit after tax Net worth Net Fixed Assets Total assets FY Rs. (Crores) 3,130 200 1,616 667 5,728 2010-11 FY Rs. (Crores) 2,236.94 206.08 1,413.02 439.63 4,723.44 2009-10

MILESTONES

2009 GTL features amongst top 10 companies in the S&P ESG Index 2009. GTL wins the "Performance Excellence" Trophy from IMC Ramkrishna Bajaj National Quality Award. GTL entered into a Global Supplier Co-operation Agreement with Huawei for worldwide co-operation in Network Services. GTL extends its capabilities to serve power utilities, bags ` 324 Cr order from Maharashtra State Electricity Distribution Co Ltd (MSEDCL). 2008 GTL Wins Golden Peacock National Training Award 2008. GTL receives the prestigious Greentech Environment Excellence Silver Award 2008. GTL forms Strategic Alliance with Vanu Inc to Conduct Shared Active Infrastructure Field Trials in India. GTL wins Outstanding Contributor to Corporate Responsibility Award from NokiaSiemens. GTL becomes No. 1 Telecom Turnkey Company of the year in V&D 100 Survey. 2007 GTL hives off Enterprise Networks and Managed Services business to Orange Business Services, an arm of France Telecom. GTL wins the prestigious Golden Peacock Global Award for Corporate Governance GTL enters into a strategic alliance with Ericsson UK, to offer Managed Network Infrastrucutre Services to customers in UK and Ireland GTL International, a 100% international subsidiary of GTL, acquires SCS, a Network Deployment Company in USA GTL successfully completes the buy back of shares GTL International, a 100% international subsidiary of GTL, acquires ADA Cellworks, the leading Network Planning and Optimization player in Asia Pac

2006 Acquisition of UK Based Genesis Consultancy Listing of GTL Infrastructure Limited, a spin off from GTL as part of the restructuring process Opens office in Thailand Bags first project in Africa Bags BSR Award for Corporate Governance - Business for Social Responsibility Presidents award to Mr. Charudutta Jadhav, a visually impaired GTL employee "APAC Partner of the Year 2006 Award for Oracle E-Business Suite Special Edition The Best On time Renewal Partner in the Year 2006 Award from Oracle Support Services 2005 Nortel N power Partner of the Year 2005 Award from Nortel Networks Most Significant Competition Breakthrough 2005 Award from Nortel Networks "Best Process Compliance Year 2005" Award from Nortel Networks 2003 GTL wins Golden Peacock National Quality IGTL's subsidiary, IGTL Saudi Arabia Limited, to execute the Saudi Telecom Project 16 critical processes of the company have been undertaken as projects under Six Sigma Initiatives 2002 GTL enhances international presence with over 100 employees and 11 offices Assessed at SEI-CMM Level 4 for Enterprise Solutions Software Development GTLs Call Centre division ranked third in the ITES sector by NASSCOM 2001 GTL merges group company - GECS and acquires two software Companies, Fine Infotech Limited (FIL) and Thermax Systems & Software Limited (TSSL) Fully commissions 1,000 seat Call centre spread over 1,20,000 sq. ft. area in Navi Mumbai Sets up 51% subsidiary, GTL E-Secure Ltd., focused on Security Solutions for enterprises Company name changed to "GTL Limited". GTL ranked amongst Best 200 Small firms by Forbes Magazine

2000 New B2B service applications developed - GTL E-enterprise an Enterprise Resources Planning (ERP) package for small and medium enterprises GTL moves out of its Subscriber End Terminal Division
1999 Company Secretariat & Investor Service Centre Human Resource Management and GTL Care Division-obtain ISO 9002 certification Company sets up an Oracle Competence centre Sets up Nortel CISCO Labs 1998 Corporate Governance initiatives begin. A separate Corporate Governance Task Force formed GTL revamps its corporate strategy, migrating to largely services oriented businesses Starts planned exit of select product businesses 1997 GTL enters into a JV with Broadsystem Multimedia, Australia, to start a Call Management Company in India 1996 First Indian Telecom / Software Company to successfully issue Foreign Currency Convertible Bonds aggregating to SFr 60 million (approx. US $ 50 million) in Swiss financial market GTL commences Data network services such as Enhanced Fax, Electronic Messaging and ECommerce through EDI technology (GECS) 1995 GTL completes commissioning of the largest private nationwide data network in India covering nine cities at a cost of over ` 100 crores Turnover crosses the ` 200 crores mark and Services network expands to 26 locations in India 1994 GTL adds to its networking portfolio Fibre Optics and V-SAT networks for transmission of voice, data and multimedia communication GTL raises ` 5.97 crores through a Rights issue of secured FCDs & ` 11.58 crores through a Public issue, which was oversubscribed by 42 times. Promoters subscribe to 49.22% of the issue

1993 GTL adds interactive Response system, Instant Voice Access System, Message Switching and starts turnkey execution of projects for Voice and Data Networks and projects on wireless networks GTL sets up a group company, GTL Electronic Commerce Services Ltd. (GECS) to provide Value Added Services and obtains Licence from DoT for data related services 1992 GTL goes public with an Initial Public Offer (IPO) issue of ` 1.80 crores which was oversubscribed by 53.17 times Makes application to Department of Telecommunications (DoT) for providing data related services 1991 First major international tie-up with Murata, Japan GTL commences Networking and Engineering Services division 1990 GTL plans a nationwide distribution network. Sets up 3 offices

1988 - 1989 Introduces products like single line push button phones, servicing of telecom products, distribution of Apple Computers and Desktop Publishing Systems Sets up a new customer services division- GTL Care 1985 - 1987 A partnership firm GTL Telecom established A Private Limited Company, GTL Tele-Systems Pvt. Ltd. Incorporated

Awards

Several awards, First Indian winner of World Young Business Achiever Award 2000 (WYBA) by Worldcom group, Confederation of Indian Industrys (CII) Young Entrepreneur Trophy in 2001, Telecom Man of the year in 1996.

Recognitions to GTL

GTL wins Top Company of the Year GTL wins Ramakrishna Bajaj National Quality Outstanding Achievement Trophy GTL wins prestigious Greentech Excellence Award GTL receives "Certificate for Strong Commitment" from CII ITC center for sustainable development GTL receives the prestigious IMC Ramakrishna Bajaj National Quality Award Performance Excellence trophy GTL ranked 6th amongst Indias best 50 companies in S&P ESG Index GTL Wins Golden Peacock National Training Award 2008 GTL receives the prestigious Greentech Environment Excellence Silver Award 2008 GTL wins Outstanding Contributor to Corporate Responsibility Award from Nokia-Siemens GTL becomes No. 1 Telecom Turnkey Company of the year in V&D 100 Survey GTL bags " Excellence in Infrastructure for Connecting people with Disability" award GTL features amongst Top 10 in the S&P's ESG India Index GTL honored with Golden Peacock Innovation Award 2007 Pegasus Award for Corporate Social Responsibility 2007 Golden Peacock Global Award for Corporate Governance 2007 Employer Branding Awards 2007 Best HR In-line with Business Recruitment and Staffing Best in Class (RASBIC) Awards 2007 4P's Power Brand Award 2007 Amity Corporate Excellence Award 2007 BSR Award for Corporate Social Responsibility 2006 National Award for Best Disabled Employee of the Year 2006 Best Employer of Blind Persons 2005- from the National Association for the Blind ICAI Award of High Commendation for Published Accounts 1999 Forbes '200 Best Small Companies of the Year' 2001 Golden Peacock National Quality Award 2002 Golden Peacock Award for Excellence in Corporate Governance, 2001 Golden Peacock National Quality Award 2002 Emerging Company of the Year 2000 Commendation from Govt. of Maharashtra, India 1998 Awards to CMD Fellowship of Institute of Directors (IOD), 2008 HR Excellence Award 2007 CEO with HR Orientation Bharat Shiromani Award 2006 CII Young Entrepreneur Trophy 2001 World Young Business Achievers Award 2000 (WYBA) Indian Young Business Achiever Award 2000 (IYBA) Ernst & Young Entrepreneur of the Year 2000 Mr. Manoj Tirodkar wins the National Level Enterpreneurship Award in the IT Sector

Accolades from Partners GTL receives Global Engineering Partner Award from Huawei Excellent Progress Award from Huawei Outstanding Contributor to Corporate Responsibility Award from Nokia-Siemens Outstanding Achievement Award from Oracle