Shree Ashtavinayak Board approves Bonus Issue

Shree Ashtavinayak Cine Vision Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 26, 2009, has resolved to issue bonus shares in ratio of 4:1 i.e. 4 (Four) equity (Bonus) shares of Re. 1 each fully paid up against 1 (One) equity shares held by the members on the record date to be decided in due course, subject to approval of members at the Extra Ordinary Genera Meeting to be held on January 18, 2010.