Oriental Bank of Commerce has informed that the Bank has allotted 2,15,48,758 equity shares at an issue price (including premium) of Rs 82.79 per equity share, as determined in accordance with SEBI ICDR Regulations aggregating up to Rs 178,40,21,674.82 to Life Insurance Corporation of India (LIC) on preferential basis on March 30, 2016.
The above information is a part of company’s filings submitted to BSE.