Emirates NBD Bank to Acquire 26% Stake in RBL Bank Limited Through Open Offer
Emirates NBD Bank (P.J.S.C.) is conducting an open offer for the acquisition of a significant stake in RBL Bank Limited. The transaction aims to acquire up to 415,586,443 equity shares of Rs. 10 each, representing 26.00% of the Expanded Voting Share Capital of the bank.The open offer, which details the public acquisition of the shares, is governed by the terms set out in the Letter of Offer dated May 22, 2026.
Reporting on the latest status of the open offer, the transaction details that, as of June 1, 2026, zero (nil) Equity Shares, constituting 0.00% of the total offer size, had been tendered. This data was noted in the Open Offer Escrow Demat Account held with Ventura Securities Limited.
The shares tendered by public shareholders are subject to validation and verification of the complete set of documents. The number of shares that the Acquirer ultimately accepts may therefore differ from the shares initially tendered by the public shareholders.
RBLBANK Stock Price Movement
As of 12:45 PM, shares of RBL Bank Limited are slipping by 1.40% in live trading, currently hovering around ₹334.05. The stock has seen active liquidity throughout the session, with 1.52 million shares traded so far.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.