RBL Bank Open Offer Update: Zero Equity Shares Tendered by Public Shareholders So Far
RBL Bank Ltd has reported on the tender status of its open offer, noting that zero equity shares have been tendered in connection with the acquisition drive.The open offer relates to the potential acquisition of up to 415,586,443 equity shares of Rs. 10 each ('Equity Shares') of RBL Bank Limited from public shareholders. This total represents 26.00% of the Expanded Voting Share Capital. Emirates NBD Bank (P.J.S.C.) is the acquirer in this transaction.
As per the statement received by the Manager to the Open Offer from Ventura Securities Limited, zero equity shares, constituting 0.00% of the total offer size, have been tendered in the designated Open Offer Escrow Demat Account.
The bank clarified that the figure reflects the Equity Shares in dematerialized form tendered by Public Shareholders as per the statement. The company noted that while the number of Equity Shares tendered may differ from the number accepted by the Acquirer, any shares validly tendered will be accepted according to the established Letter of Offer dated May 22, 2026.
RBLBANK Stock Price Movement
On Wednesday, RBL Bank Limited shares edged higher in closing markets, gaining ₹4.15 or 1.21% and settling at ₹348.20. The stock finished the day strongly amid significant trading activity, with a volume of 4.86 million shares recorded.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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