Sambhaav Media Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on February 28, 2008, to created, Issue, offer and allot, on private placement and / or preferential basis in one or more trenches, on such terms and conditions and in such manner as may be deemed fit by the Board, 1,32,82,800 Equity Shares of Re 1/- Each at a premium of Rs 9/- per share to M/s. Shyam Equities Pvt Ltd, Banglore.