RBL Bank Limited has informed the Exchange regarding Intimation under SEBI Listing Regulations
RBLBANK · price
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RBL Bank has received SEBI's prior approval on May 4, 2026 for Emirates NBD Bank to invest in the Bank via a preferential issue of equity shares. This approval specifically covers the change in control of the Bank under SEBI's Bankers to an Issue and Merchant Bankers Regulations. The proposed transaction, initially disclosed in October 2025, still requires certain other regulatory approvals and customary conditions to be fulfilled before completion.
This regulatory clearance is a significant positive step toward finalising a major ownership change at RBL Bank, with Emirates NBD potentially becoming the new promoter/controller. The stock could see positive reaction as the deal moves closer to closure.