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RBL Bank has informed the exchange about the outcome of its board meeting, where it approved the allotment of 92.91 crore equity shares to Emirates NBD Bank at a price of INR 280 per share, increasing the paid-up equity share capital from INR 619.42 crore to INR 1548.55 crore. The board also reconstituted itself by appointing five new directors and noting the resignation of two existing directors.

RBL Bank has informed the exchange about the outcome of its board meeting, where it approved the allotment of 92.91 crore equity shares to Emirates NBD Bank at a price of INR 280 per share, increasing the bank's paid-up equity share capital. The board also reconstituted itself by appointing new directors and noting the resignation of two existing directors.