Emirates NBD Bank Completes Acquisition Tender for RBL Bank; Zero Shares Tendered Disclosed
RBL Bank Limited is currently undergoing an Open Offer process concerning its equity shares by Emirates NBD Bank (P.J.S.C.). The company has announced details regarding the tendered quantity of shares under this acquisition offer.The Open Offer was initially structured to acquire up to 415,586,443 equity shares of RBL Bank Limited, with each share valued at Rs. 10. This acquisition represents 26.00 per cent of the Expanded Voting Share Capital of RBL Bank.
According to a statement received on June 04, 2026, zero Equity Shares, constituting 0.00 percent of the Offer Size, have been tendered in connection with the Open Offer. This figure reflects the shares tendered by Public Shareholders into the specified Escrow Demat Account managed by Ventura Securities Limited.
The disclosed number of Equity Shares tendered is subject to validation and verification against the submission of complete documentation as applicable. The Acquirer may accept a different number of Equity Shares than those tendered, in accordance with the Letter of Offer dated May 22, 2026.
RBLBANK Stock Price Movement
Today, shares of RBL Bank Limited shed 0.65% in post-market trading, settling at ₹351.35 after the close. The stock experienced significant intraday volatility and had previously tested its 52-week high of ₹356.8 during a session that saw 4.03 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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