Emirates NBD Bank Open Offer for RBL Bank Shares at ₹282.38

J.P. Morgan India, as the manager, submitted the Letter of Offer to BSE regarding Emirates NBD Bank's open offer to acquire up to 415,586,443 equity shares of RBL Bank, representing 26% of the expanded voting share capital. The offer price is ₹280 per share, with an applicable interest of ₹2.38, totaling ₹282.38 per share. The aggregate consideration for the acquisition is ₹117,353,299,774.34, payable in cash, assuming full acceptance. The open offer complies with SEBI (SAST) Regulations.