Announced Fri, 19 Jun · 12:29 IST
Emirates NBD takes 60% control of RBL Bank; no shares tendered in open offer
Compliance View source PDF
RBLBANK · price
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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹370.15
prior close
₹375.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.6+0.6+0.6+1.9+0.4+2.0+0.9-1.5-2.3+2.7-0.4——
Up moveDown movePending
AI summary
Emirates NBD Bank (P.J.S.C.) has acquired a 60% stake in RBL Bank via preferential allotment of 929,134,820 shares at INR 280 each on 18 June 2026, becoming the new promoter. The parallel open offer for 26% (415.6 million shares) at INR 282.38 per share, worth about INR 117.35 billion in total, received zero shares from public shareholders between 1-12 June 2026. Public shareholding now stands at 40%.
Likely market impact
Emirates NBD becomes new promoter of RBL Bank with 60% stake. Zero public shares tendered in INR 117 billion open offer. Major ownership change.