Oberoi Realty Limited announced that at the board of directors meeting held on April 24, 2018, it has recommended a dividend of INR 2 per equity share i.e. 20% of the face value of equity share for the financial year ended March 31, 2018. The said dividend, subject to the approval of members of the company, shall be paid starting from the fifth day from the conclusion of AGM.

The board announced that subject To Approve the members approved issue of non-convertible debentures up to an aggregate amount of INR 150,000,000,000 million by way of private placement, in one or more offerings and or tranches.