RBL Bank Limited is the target company in an open offer by Emirates NBD Bank (P.J.S.C.) for the acquisition of up to 415,586,443 equity shares of Rs 10 each, representing 26.00% of the Expanded Voting Share Capital, from the public shareholders of the bank.
The transaction is being pursued pursuant to and in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. The Letter of Offer was dated May 22, 2026.
J.P. Morgan India Private Limited, the Manager to the Open Offer, disclosed that 0 (nil) equity shares, constituting 0.00% of the offer size, had been tendered into the open offer escrow demat account as of 17:09:09 pm on June 1, 2026.
The escrow account, titled "MIIPL RBL BANK LTD OPEN OFFER ESCROW DEMAT ACCOUNT," is held with Ventura Securities Limited. The account carries depository participant identification number IN303116 and client identification number 15744215, with PAN AABCT3335M.
The disclosure reflects only equity shares held in dematerialized form that were credited to the escrow demat account. Tendered shares remain subject to validation and verification of complete documentation before acceptance under the SEBI (SAST) Regulations and the Letter of Offer.
The count of shares tendered may differ from the number finally accepted by Emirates NBD Bank. J.P. Morgan India submitted the disclosure to the NSE and BSE on June 1, 2026, and the public announcement was filed on the NSE on June 2, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.