NSEUpdates19 Jun 2026 · 19 Jun 2026, 06:39 pm

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RBL Bank Limited · RBLBANK

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RBL Bank Limited has announced an open offer from Emirates NBD Bank (P.J.S.C.) to acquire shares from its public shareholders. J P Morgan India Private Ltd submitted the issue summary document for this offer, which is being made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Emirates NBD Bank intends to acquire up to 415,586,443 fully-paid-up equity shares, representing 26.00% of RBL Bank's total equity. This significant acquisition could lead to a substantial change in the bank's shareholding pattern, offering an exit opportunity for public shareholders.

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J P Morgan India Private Ltd has submitted to the Exchange a copy of Issue summary document issued in relation to open offer pursuant to Regulations 3(1) and 4 read with Regulations 13, 14 and 15 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ( SEBI (SAST) Regulations ) in connection with an open offer to the Public Shareholders of RBL Bank Limited ( Target Company ) ( Open Offer ).

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June 19, 2026 The Manager – Listing Dept, National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 (NSE Scrip Code: RBLBANK) The Dy. General Manager (Listing Dept.) BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 (BSE Scrip Code: 540065) Dear Sir/Madam, Subject –Issue summary document issued in relation to open offer pursuant to Regulations 3(1) and 4 read with Regulations 13, 14 and 15 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations”) in connection with an open offer to the Public Shareholders of RBL Bank Limited (“Target Company”) (“Open Offer”). Emirates NBD Bank (P.J.S.C.)(the “Acquirer”) has announced an Open Offer to acquire up to 415,586,443 fully-paid-up equity shares of face value INR 10/- each (“Equity Shares”) from the Public Shareholders of the Target Company, representing 26.00% of the Expanded Voting Share Capital of the Target Company, at a price of INR 282.38, being the aggregate of (a) the Offer Price of INR 280 and the Applicable Interest of INR 2.38 per Equity Share, aggregating to a total consideration of INR 117,353,299,774.34 (One hundred seventeen billion, three hundred fifty-three million, two hundred ninety-nine thousand, seven hundred seventy-four rupees thirty-four paise) (assuming full acceptance) payable in cash. In relation to the above, the letter of offer was issued on May 22, 2026 (“Letter of Offer”). Pursuant to the Securities and Exchange Board of India circular on ‘Introduction of Issue Summary Document (ISD) and dissemination of issue advertisement’ SEBI/HO/CFD/PoD-1/P/CIR/2023/29 dated February 15, 2023, please see below the issue summary report for Open Offer under SEBI (SAST) Regulations for the post-tendering stage. Sr. Particular Field Description Source for Remarks No. information 1. Number of fully paid-up shares Nil (0.00%) Acquirer Nil acquired in offer 2. Number of partly paid-up N.A (The Target shares acquired in offer Company does not have any partly paid up equity shares.) 3. Number of fully paid-up shares 0.00% acquired as % of paid-up capital J.P. Morgan Tower, Off. C.S.T. Road, Kalina, Santacruz-East, Mumbai - 400 098, India. Telephone: 91-22-6157 3000 Facsimile: 91-22-6157 3911 J.P. Morgan India Private Limited CIN • U67120MH1992FTC068724 4. Number of partly paid-up N.A shares acquired as % of paid- up capital 5. Offer price paid for fully paid- INR 280 (two up share hundred and eighty rupees) along with interest of INR 2.38 (two rupees and thirty eight paise) per Offer Share computed at the rate of 10.00% (ten per cent.) per annum. 6. Offer price paid for partly paid- N.A. up share 7. Date of payment/settlement Not applicable, as Manager to the no shares have been Open Offer tendered in the Open Offer. 8. Consideration paid in open Nil. offer (in INR) 9. Detail of interest paid due to Nil. delay in payment 10. Post offer shareholding of 929,134,820* Acquirer 11. Post offer announcement Attached separately * On 18 June 2026, 929,134,820 Subscription Shares were issued by the Target Company to the Acquirer pursuant to the Investment Agreement and the Preferential Issue. Should you require any further information / clarifications on the same, please contact the following persons: Contact Person Designation Email Id Nidhi Wangnoo Executive Director nidhi.wangnoo@jpmorgan.com Nilay Bang Vice President nilay.bang@jpmchase.com Note: Reference to capitalized terms herein have the same meaning as that defined under the Letter of Offer. Thanking you, For J.P. Morgan India Private Limited Authorized Signatory Nitin Maheshwari Enclosed: Copy of Post-Offer Advertisement J.P. Morgan Tower, Off. C.S.T. Road, Kalina, Santacruz-East, Mumbai - 400 098, India. Telephone: 91-22-6157 3000 Facsimile: 91-22-6157 3911 J.P. Morgan India Private Limited CIN • U67120MH1992FTC068724