RBLBANKBSERBL Bank LtdHighNeutral
Announced Thu, 4 Jun · 08:11 IST

J.P. Morgan India Pvt Ltd ("Manager to the Open Offer") has infomed BSE regarding the updates on Open offer for acquisition of up to 415,586,443 equity shares of Rs. 10 each ('Equity Shares') ....

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

RBLBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹348.30
prior close
₹348.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.5-0.4-0.1+0.9-1.1+3.8+2.9+3.2+7.2+7.3+5.9
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AI summary

RBL Bank has informed stock exchanges about an open offer from Emirates NBD Bank (P.J.S.C.) to acquire up to 41.55 crore equity shares (26% of expanded voting share capital) from public shareholders at Rs. 10 each, under SEBI Takeover Regulations. J.P. Morgan India is managing the offer, and the Letter of Offer was published on May 22, 2026. As of June 3, 2026, zero equity shares have been tendered by public shareholders into the open offer escrow demat account. Shares tendered will still be subject to validation and verification before acceptance.

Likely market impact

The zero tendering as of this update suggests public shareholders are yet to decide on participating in the offer. The 26% open offer from a major Gulf-based bank (Emirates NBD) is a significant event for RBL Bank shareholders, and actual tendering numbers in coming days will be a key indicator of investor sentiment.