Zero shares tendered so far in Emirates NBD open offer for RBL Bank
RBLBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
J.P. Morgan India, manager to the open offer, disclosed that as of 21:14:18 on June 12, 2026, zero equity shares (0.00% of the offer size) had been tendered in the escrow demat account. The open offer is by Emirates NBD Bank (P.J.S.C.) to acquire up to 415,586,443 equity shares of Rs. 10 each, representing 26% of RBL Bank's expanded voting share capital, from public shareholders. The Letter of Offer was dated May 22, 2026. The disclosure is an early-stage update and tendered shares remain subject to validation.
Zero tendering at this stage may signal public shareholders find the offer price unattractive, which could pressure the stock or prompt Emirates NBD to revise terms.