MEDIAVIDEO

Media Video Ltd. has informed the Exchange that the Board of Directors of the Company in its Meeting held on March 31, 2006 have alloted 17,94,000 equity shares of the Company of Rs 10/- each on conversion of 17,94,000 share warrants to Promoters / Promoter Group.

Media Video Ltd. has informed the Exchange that in the Meeting of the Board of Directors of the Company held on March 20, 2006, the Board has approved, inter-alia, the following matter :- (1) The Board has decided to take over M/s. Smart Buildwell Pvt. Ltd., a Company engaged in the Business of Real Estate Development for Rs.22 Crores in all cash deal. (2) The Board has enhanced the investments limit by Foreign Institutional investors (FIIs) in the Company to 24%. (3) The Board has decided to take up the allotment of equity shares of the Company arising on conversion of share warrants on March

Media Video Ltd. has informed the Exchange that the Board of Directors of the Company in its Meeting held on February 22, 2006 have allotted 2,68,68,226 convertible share warrants of the Company to Bennett, Coleman & Co. Ltd., NRIs, Promoters and Other Strategic Investors totaling to Rs.806.05 millions @ Rs.30 per warrant on preferential basis.

Media Video Ltd. has informed the Exchange that in the Board Meeting held on January 24,2006, the Board has decided the following :- (1) To go in for a mass scale production of TV Video Games for both domestic and export market which were imported erstwhile. This would involve a capital investment of Rs.300 millions approximately. This capital investment will be met from the proceeds of the share warrants allotted on preferential basis of Rs.840 millions. The balance money of Rs.540 millions will be deployed in the real estate division of the Company. (2) To set up a full fledged office in Hon

Media Video Ltd. has informed the Exchange that at the Board Meeting held on October 26, 2005, the Board has decided, subject to the approval of the members and / or other statutory approvals, for the following: (1) To alter the Objects Clause of the Company by postal ballot; (2) To effect change in the name of the Company.

Media Video Ltd. has informed the Exchange that at a meeting of the BODs of the company was held on July 29,2005 and the following was discussed: The board noted that the shareholders of the company had, in the EGM held on July 29,2005,accorded their consent to the board to make the allotment of 26,80,538 equity shares of Rs.10/- each, on preferential basis to Bennett,Coleman & Co. Ltd.(BCCL).However, since the company was yet to receive in-principle approval under clause 24(a),it was decided that the meeting of BODs be adjourned to discuss this issue till the in-principle approval is received

Media Video Ltd. has informed the Exchange that in the meeting of the Board of Directors of the Company held on March 29, 2005, the Board discussed in detail the future plans of the Company for its new business, viz., real estate and infrastructure development. The Board also took note of the approval given by the shareholders of the Company to the proposed rights issue of the Company for the purpose of part funding of the diversification into the real estate and infrastructure development. The Board noted that the consent of the company was accorded to the Board to create, issue, offer and a