Zero shares tendered so far in Emirates NBD open offer for RBL Bank

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain 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

-0.9%Reaction day

₹373.30

prior close

₹374.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.4%-1.4% vs market

Private Sector Bank peers, median of 19sector+0.8%-1.7% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.7 pts less 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

-0.4

10m

-0.3

15m

-0.7

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.4-1.4+0.8-1.7

Next day

-1.2+1.2-2.4+1.3-2.5

-0.9+1.8-2.7+1.5-2.3

+1.8+2.4-0.7+1.0+0.8

+1.0+3.2-2.2+1.0-0.0

-0.4+2.6-3.0-0.6+0.2

+0.1+2.4-2.3+0.2-0.1

15d

-3.6+1.8-5.4-0.5-3.1

-2.6+4.7-7.3+3.3-5.9

+2.2+5.9-3.7+0.6+1.6

+8.0+3.3+4.7+2.3+5.7

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

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.

Likely market impact

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.