News Announcement

Oberoi Realty: Outcome of Board Meeting

Oberoi Realty Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2016, inter alia, has

- subject to approval of the members, passed enabling resolutions for:

(a) Issue of non-convertible debentures upto an aggregate amount of Rs. 1500,00,00,000 (Rupees One Thousand Five Hundred Crore only) by way of private placement, in one or more offering(s) and/ or tranches(s).

(b) Issue of equity shares and/ or any other securities convertible into equity by way of one or more public offers or private placement, or both, for an aggregate amount not exceeding Rs. 750,00,00,000 (Rupees Seven Hundred and Fifty Crore only), including premium.

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