RBL Bank Limited has informed the Exchange regarding update under SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
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RBL Bank has received SEBI's prior approval for the change in control application under SEBI (Depositories and Participants) Regulations, 2018. This approval relates to the proposed investment by Emirates NBD Bank (P.J.S.C) through a preferential issue of equity shares. The transaction was initially disclosed in October 2025 when an Investment Agreement was signed. While this SEBI approval is a key regulatory milestone, the transaction still requires additional regulatory approvals and fulfillment of customary conditions precedent before completion.
This is a positive development for RBL Bank as SEBI approval removes a key regulatory hurdle for the Emirates NBD investment. Completion of this transaction would bring a new major shareholder to the bank, potentially strengthening its capital base and shareholder confidence.