"The Bank has allotted 2,15,48,758 equity shares at an issue price (including premium) of Rs 82.79 per equity share ...Aggregating up to Rs 178.40 crore to Life Insurance Corporation of India (LIC) on preferential basis on March 30, 2016," OBC said in a BSE filing.
Shares of Oriental Bank of Commerce were trading at Rs 91.05, up 2.19 per cent, on BSE.