Shiv-Vani Oil Gas Exploration Services has board meeting held on April 30, 2015, following decisions were made : 1. Allotment of 50,83,046 Equity Shares of Rs 10/- each at a premium of Rs. 5.955/- per Share on Preferential basis to lenders (ICICI Bank Ltd.) by way of Conversion of FITL of Rs. 8.11 Crore.