Prime Minister Narendra Modi and party chief Amit Shah will attend the meeting.
It is not clear whether the board will announce its candidate today as a party leader said it may authorise Shah to take a call.
The Board members will be briefed about the consultation undertaken by a three-member party committee with allies and opposition parties.
The committee members include union ministers Rajnath Singh, M Venkaiah Naidu and Arun Jaitley, who are also the members of the Board.
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