Held on 14 August 2014
Orissa Sponge Iron & Steel announced that the Board of Directors of the Company at its meeting held on 14 August 2014, inter alia, has considered / approved the following business:1. Recommended the candidature of 3 Non Executive Directors as Independent Directors for the approval of members at the said AGM.
2. Issue and allotment of 10% Cumulative Non Convertible Redeemable Preference Shares of Rs. 10 each at par on private placement redeemable at the end of 12 years from the date of allotment amounting to Rs. 20 crore.
3. Report of the Cost Auditor.
4. Recommendation of Reappointment of Director retiring by rotation for approval of the members at the AGM.
5. Appointment of Internal Auditors and Cost Auditors.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app