Acquisitions5 Sept 2025, 07:32 pm
Elpro International Acquires Additional Shares in RBL Bank Limited for INR 6.92 Crores
AI Summary
Elpro International Ltd has acquired 2,50,000 equity shares of RBL Bank Limited, a leading private sector bank in India. The total holding with this fresh acquisition is 4,62,000 equity shares. RBL Bank offers specialized services under five business verticals and has a presence in India and GIFT City. The acquisition was made for INR 6.92 Crores. The bank's standalone turnover for the last three financial years is 14041.11, 12393.79, and 9676.60 respectively.
Key Highlights
- Elpro International acquired 2,50,000 equity shares of RBL Bank Limited.
- The total holding with this fresh acquisition is 4,62,000 equity shares.
- RBL Bank is a leading private sector bank in India with a presence in India and GIFT City.
- The acquisition was made for INR 6.92 Crores.
- RBL Bank's standalone turnover for the last three financial years is 14041.11, 12393.79, and 9676.60 respectively.