A meeting of the Board of Directors of Gujarat NRE Coke Ltd will be held on May 27, 2012, to consider recommendation of dividend, if any, on Equity Shares and "B" Equity Shares of the Company for the financial year 2011-12.

MUMBAI, May 16 (Reuters) - GLOBAL MARKETS ROUNDUP * USD/INR likely to open higher and move towards record high of 54.30 in session, dealers said after closing at 53.79 on Tuesday.

Indian stock markets trade above the dotted line. The BSE Sensex is trading up by around 52 points. Among the stocks leading the gains are Cipla and L&T.

(RTTNews.com) - Indian shares are trading moderately higher on Tuesday, as investors hunted for bargains after five straight days of losses.

Gujarat NRE Coke will hold a postal ballot for a fresh issue of 50 million convertible warrants to promoters on preferential basis, securities (including FCCBs) not exceeding USD 150 million or Rs 7.5 billion and provide securities, not exceeding.