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Oriental Bank Of Commerce - Outcome of Board Meeting

| Updated on May 13, 2019 Published on May 13, 2019

Further to our letter dated 13.05.2019 on the captioned subject, we wish to inform that the Board of Directors in the aforesaid meeting also approved the plan for raising capital for an amount upto ?3000.00 crore by way of issue of equity shares in the form of Qualified Institutional Placement (QIP) / Employee Share Purchase Scheme (ESPS) / Follow on Public Offer (FPO) / Rights Issue / or such other mode as may decided by the Board at an appropriate time, subject to the necessary approvals.

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Source : BSE - www.bseindia.com

Published on May 13, 2019
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