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Oriental Bank of - Outcome of Board Meeting 13/02/2018 17:17

Oriental Bank Of Commerce has informed the Exchange regarding Outcome of Board Meeting held on February 13, 2018.This has reference to our letter dated 06.02.2018 on the captioned subject. The Board of Directors of the Bank has by way of circular resolution decided on 13th February 2018 to raise Equity Capital for an amount upto `3571.00 crore by way of Preferential Allotment of equity shares to Govt. of India. Further, we wish to inform that an Extraordinary General Meeting of the shareholders of the Bank will be held on Thursday, the 15th March, 2018 for the above purpose. The detailed Notice shall follow.

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