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Jindal Steel

New Delhi, July 24 (UNI) Jindal Steel and Power today said its board will meet on July 31 to consider the financial results for the first quarter ended June 30, 2006.

A meeting of the Board of Directors will be held on July 31 to consider, approve and take on record unaudited financial results (provisional) for the quarter ended June 30, 2006, a company statement said.

The company has placed a 2.3 billion dollar bid to extract one of the world's largest untapped iron ore deposits in Bolivia.

The Bolivia government is soon expected to approve it, sources said.

UNI CS PV VA KN1224

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