RBLBANKBSERBL Bank Ltd· BanksHighNeutral
Announced Thu, 4 Jun, 2026 · 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 PDFExplain this filing

RBLBANK · price

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

Price reactionminutes from the announcement price · days from the prior close
+1.6%Reaction day
₹348.30
prior close
₹348.00
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%+1.1% vs market
Private Sector Bank peers, median of 19sector-0.5%+2.2% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Smallcap 250 and 2.2 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.1
10m
-0.5
15m
-0.4
30m
-0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.6+0.6+1.1-0.5+2.2
Next day
+0.9+0.6+0.3-0.4+1.3
2d
-1.1-1.2+0.2-0.9-0.1
3d
+3.8+0.1+3.7+2.6+1.2
4d
+2.9-1.0+3.9+1.5+1.4
5d
+3.2-1.8+5.0+0.9+2.3
1w
+7.2+2.0+5.2+4.6+2.6
15d
+7.3+4.4+2.9+6.3+1.0
1m
+5.9+6.6-0.7+7.2-1.3
2m
+9.4+7.3+2.1+7.4+2.0
3m
+19.4+9.0+10.4+12.1+7.3
UpDownMarket · Nifty Smallcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.