Orissa approves to proposals of OMC for further investment of Rs. 8.83 crores in NILNL
Friday, September 09, 2011
Orissa approves to  proposals of OMC for further investment of Rs. 8.83 crores in NILNL

Report by OrissaDiary.com correspondent; Bhubaneswar:  Government of Odisha have accorded approval to the proposals of OMC for further investment of Rs. 8.83 crores (Rupees eight crores eighty three lakhs) only to subscribe to the rights issue for acquiring 4416188 nos of shares from M/s Nilachal Ispat Nigam Ltd.(NINL).

 Thus, Government approval accorded for a total investment of Rs.110,69,40,500/- including the amount approved earlier.

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