Steelcast has informed that a meeting of the board of directors of the company will be held on March 18, 2013, to consider issue and allotment of 792,000 equity shares of face value of Rs. 5 each (including 396,000 bonus shares) to M/s. Rushil Industries Limited; upon conversion of 198,000 warrants of face value of Rs. 10 each issued on preferential basis on November 18, 2011.
The above information is a part of company’s filings submitted to BSE.