KSERASERA

K Sera Sera Productions Limited has informed the Exchange that"the following was the outcome of the meeting of the Board of Directors held on 16/12/2006 at 4.30 pm: 1. Noting and acceptance of resignation of Dr. M.K.Sinha as a Director. 2. Appointment of Mr. Komesh Rohira and Rajiv Malhotra as Additional Directors. 3. Appointment of Mr. Nirav Pandya as Company Secretary. 4. Recording of Shareholders Agreement with Lemon Entertainment Pvt Ltd. 5. Availing of credit facility from IDBI Bank. 6. Enhancement of FIT holding limit upto Sectoral cap (100%), as applicabe to the Company, subject to appr

K Sera Sera Productions Limited has informed the Exchange that: "Our Company has entered into a shareholder's agreement with the Promoters of Lemon Entertainment Private Limited (Lemon) (Formerly known as Hamara Samay TV News Network Private Limited) for acquisition of 80% shareholding in Lemon subject to statutory approvals. On the transfer of shares under the aforesaid agreement, Lemon shall be a subsidiary of the Company. Lemon Entertainment Private Limited is running a TV channel by the name Lemon TV".

K Sera Sera Productions Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 31, 2006 transacted the following business:- (i) Resignation of Ms. Amruta Paranjape from the post of Company Secretary and Compliance Officer with effect from November 01, 2006 taken on record.

K Sera Sera Productions Limited has informed the Exchange that a Television Serial "Kaajjal Sabbki Aankhon Mein Basi" produced by the Company's 100% subsidiary Twenty Twenty Television Company Ltd. is being telecast from October 09, 2006 at 8:00 p.m. on Sony Television Network. The serial will be telecast from Monday to Thursday every week.

K Sera Sera Productions Limited has informed the Exchange that the Company has incorporated a 100% subsidiary in Singapore by the name K Sera Sera Singapore Pte Ltd. The Singapore company came into existence from October 04,2006. The 100% subsidiary K Sera Sera Singapore Pte Ltd has been incorporated to carry on the activities of film/TV production, film/TV distribution, pre-production, film/TV rights management and film/TV post production.