Zero Shares Tendered in RBL Bank Open Offer by Emirates NBD Bank
As of June 12, 2026, zero equity shares have been tendered in relation to the open offer initiated by Emirates NBD Bank (P.J.S.C.) for the acquisition of a stake in RBL Bank Limited. The tender count was recorded against the total offer size representing up to 415,586,443 equity shares.The Open Offer pertains to the acquisition of up to 415,586,443 equity shares of Rs. 10 each in RBL Bank Limited, which represents 26.00% of the Expanded Voting Share Capital. Emirates NBD Bank is the Acquirer in this transaction.
According to statements received by the Manager to the Open Offer from Ventura Securities Limited as of the disclosure date, zero equity shares have been tendered by public shareholders into the designated escrow demat account. This figure corresponds to 0.00% of the total offer size.
The status of the shares tendered remains subject to validation and verification of submission of complete documents. It is further clarified that while the aforementioned number reflects the shares in dematerialized form tendered, the final count of "validly tendered" Equity Shares will be accepted by the Acquirer in accordance with the Letter of Offer dated May 22, 2026, and applicable regulations.
The total quantity of equity offered is detailed below:
| Detail | Value |
|---|---|
| Target Company | RBL Bank Limited |
| Acquirer | Emirates NBD Bank (P.J.S.C.) |
| Total Offer Size (Equity Shares) | 415,586,443 |
| Percentage of Expanded Voting Share Capital | 26.00% |
| Shares Tendered as of June 12, 2026 | 0 |
RBLBANK Stock Price Movement
RBL Bank Limited shares gained strongly on Friday, rallying to close at ₹365.85 after shedding ₹7.80 or 2.17%. This strong performance allowed the stock to touch its 52-week high and was supported by a volume of 8.41 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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