Bilati (Orissa) Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on March 23, 2013. Bilati (Orissa) at its Extra Ordinary General Meeting (EGM) held on March 23, 2013 has approved to issue 1,80,77,450 fully paid 1% cumulative preference shares of Rs 10 each to Orissa Sponge Iron & Steel (OSIL) by way of conversion of advances of Rs 18,07,74,500 taken by company from OSIL.Source : BSE
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