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              Shiva Cement Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 08, 2007, inter alia, to transact the following business:
1. To consider allotment of 1.0 mill. Equity shares to IFCI Ltd on preferential basis.
2. To consider allotment of Preference Shares to FIs & Bank at premium.
3. To consider appointment of Shri. S K Jain as Director of the Company.