SHREEASHTA

Shree Ashtavinayak Cine Vision Limited had informed the Exchange that a meeting of the Board of Directors of the Company is scheduled on September 20, 2010 for the purpose of considering the issue and allotment of equity shares on Conversion of FCCBs. The Company has now informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on September 20, 2010 has been cancelled.

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that the meeting of the Board of Directors held on April 06, 2010 has resolved and approved the proposal of buy back up to maximum price of Rs.21.60 per share and up to Rs.25 Crores from open market through stock Exchange subject to the approval of members of the Company through Postal Ballot in compliance of provisions of section 77A and other applicable provision of the Companies 1956 and SEBI (Buy back of Securities) Regulations, 1998.

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that the Board of Directors at the meeting held on March 31, 2010 has resolved and allotted 68,19,621 Equity Shares of Re. 1/- each fully paid up at the issue price of Rs.43.98 per equity share on Conversion of FCCBs amounting to USD 7.623 Million into equity shares, in accordance with the terms and conditions of Prior-in-principle approval letters issued. The above shares shall be credited in demat account after receipt of Listing permission from the Exchange, to be followed by corporate action, and in terms of Special Resolutio

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that the Board meeting held on December 23, 2009, the company has issued and allotted 1,77,77,770 Global depositary Receipts of US$ of 4.05 each i.e 5,33,33,310 equity shares of Re. 1 Each fully paid up. The GDR so issued shall be listed at Luxemburg Stock Exchange and the underlying shares shall be listed on the BSE/NSE where the existing shares of the Company are listed and traded.

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that the Board meeting held on September 28, 2009 has resolved that ; (1) The Company has decided to raise funds upto US $ 150 millions through Global Depository Receipts and /or American Depository Receipts and/ or Foreign Currency Convertible Bonds (FCCBs) any instrument or securities representing either equity shares and / or convertible securities linked to equity shares (including Qualified Institutional Buyers (QIBs) pursuant to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. (2) To convene Extra Ord

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that the Board has resolved to call Extra Ordinary General Meeting on August 08, 2009 to consider the change in denomination of equity share from Rs. 10/- each to Re. 1/- each.

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that the Board of Directors at the meeting held on October 17, 2008 has resolved and allotted 178940 Equity Shares (torwards 2 conversion notices for US$ 1,000,000 each) 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) dated December 21, 2007, to "Triple M Investment Limited", MAURITIUS, and a resolution passed in the Extra Ordinary General Meeting held on

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that: "The Board of Directors at its meeting held on 18th July 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. 21.12.2007, to "TRIPLE M INVESTMENT LIMITED", Mauritius in terms of the resolution passed in the Extra Ordinary General Meeting held on 20th August 2007".

Shree Ashtavinayak Cine Vision Limited has informed the Exchange that : "The Board of Directors at the Meeting held on 02.07.2007 considered and constituted Committee of Board (1) To raise further funds by issue of securities on preferential basis as per SEBI guidelines 2000 to selected group or persons and FCCB to the extent of USD 50 Million for the purpose of long term Working Capital requirements for expansion of business activities of the Company including Production and Distribution of Films in Vernacular Languages. (2) To convene Extra Ordinary General Meeting of the Company".