Corporate Announcement
Security Code : 590086    Company : ORISSAMINE    
 
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  Exchange Disseminated Time     
Orissa Minerals Development Company Ltd has informed BSE that Ministry of Steel vide its letter dated July 23, 2012 informed that the following proposals had been approved by the Ministry of Steel and forwarded to the Company for initiating necessary action on urgent basis :

1. The Bisra Stone Lime Company Limited (BSLC) may be merged with The Orissa Minerals Development Company Limited (OMDC).

2. OMDC may look into the issue of Bonus shares as per legal requirements.

The above mentioned items will be placed at the ensuing Board Meeting of OMDC for consideration.
 

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