RBL Bank to hold EGM on May 4, 2026, for AOA amendment
RBL Bank Ltd. will convene an Extra-ordinary General Meeting (EGM) on Monday, May 4, 2026, at 11 a.m. (IST) through video conferencing. The primary agenda is to consider and pass a Special Resolution to amend the Bank's Articles of Association (AOA). This amendment specifically involves granting a Special Right regarding Director Nomination to an Identified Shareholder of the Bank. The resolution will supersede a previous one passed on November 12, 2025, to the extent modified, and is subject to approvals from the Reserve Bank of India and other statutory authorities. The cut-off date for remote e-voting eligibility is April 27, 2026, with the e-voting period running from April 29 to May 3, 2026. Results will be announced within two working days of the EGM.
Key Highlights
- RBL Bank EGM scheduled for May 4, 2026, via video conferencing.
- Agenda includes amending AOA for director nomination rights.
- Special right for director nomination to an identified shareholder.
- Remote e-voting period: April 29, 2026, to May 3, 2026.
- Resolution requires RBI and other regulatory approvals.
Price Impact