Rishiroop Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on June 15, 2016, inter alia, to consider and approve the allotment of equity shares to the holders of 1% Optionally Convertible Preference Shares (OCPS) who have tendered their OCPS for conversion to equity shares as per the terms of the Scheme of Amalgamation with Rishiroop Rubber (International) Limited approved by the High Court.