Cinevistaas to reissue 9300 forfeited shares

Cinevistaas Ltd has announced that the Board of Directors of the Company at its meeting held on August 27, 2007, has considered and approved, the reissue of 9300 forfeited shares to the original shareholders / allottees (who after the IPO, failed to remit the balance allotment / call money, consequent to which their shares were forfeited, the list of which has already been submitted to the Stock Exchanges with approval of the Board). The size of the offer shall be not over 100 shares each to the original shareholders at a price of Rs 67/- calculated as prescribed by the Stock Exchange in this regard.

Source : Equity Bulls

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