The Board of Directors of Oriental Bank of Commerce has on 08.01.2019 approved by way of circular resolution the proposal for raising capital for an amount upto Rs. 5500.00 crore (Five Thousand Five Hundred crore only) through issuance of equity shares to the Govt. of India on preferential basis.
An Extraordinary General Meeting of the shareholders of the Bank will be held at 10.00 a.m. on Thursday, the 07th February, 2019 at New Delhi for seeking their approval for the above purpose.
Shares of ORIENTAL BANK OF COMMERCE was last trading in BSE at Rs.100.75 as compared to the previous close of Rs. 97.4. The total number of shares traded during the day was 444084 in over 1849 trades.
The stock hit an intraday high of Rs. 101.4 and intraday low of 96.85. The net turnover during the day was Rs. 44144481.