Bilcare Ltd has announced that a meeting of the Board of Directors of the Company will be held July 30, 2007, inter alia, to consider and take on record the unaudited Financial Results for the quarter ended June 30, 2007 & also to consider the allotment of Equity Shares upon conversion of the Foreign Currency Convertible Bonds (FCCBs) issued earlier. The Company has received Notices for Conversion of Bonds into Equity Shares of the Company from some of the FCCB holders.