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Oriental Bank of Commerce informs about allotment of shares

31 Mar 2016 Evaluate

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.

Peers
Company Name CMP
State Bank Of India 954.00
PNB 109.90
Bank Of Baroda 231.75
Canara Bank 118.50
Union Bank Of India 168.00
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