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              Cinevistaas Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 27, 2007, to consider the Reissue of 9300 equity shares, of the face value of Rs 10/- each at a price to be calculated as per the prescribed guidelines issued by SEBI in this respect, to such persons as the Board of directors may decide, subject to the approval of members in ensuing Annual General Meeting and other applicable provisions.