Shree Ashtavinayak allots 268410 shares

Shree Ashtavinayak Cine Vision Ltd has announced that the Board of Directors of the Company at its meeting held on July 18, 2008 has resolved and allotted 268410 Equity Shares of Rs 10 each fully paid up at the issue price of Rs 439.755 per equity shares on Conversion of FCCBs into equity shares, in accordance with the terms and conditions of the Bonds set out in the Trust Deed (Offering Circular) dtd. December 21, 2007 to "TRIPLE M INVESTMENT LTD" MAURITIUS, in terms of the resolution passed in the Extra Ordinary General Meeting held on August 20, 2007.

Source : Equity Bulls

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