Emirates NBD Discloses RBL Bank Share Acquisition

Emirates NBD Bank (PJSC) has submitted a disclosure under SEBI's Takeover Regulations regarding its substantial acquisition of shares in RBL Bank Limited. This acquisition is part of a preferential issue and an open offer. Emirates NBD agreed to subscribe to up to 60% of RBL Bank's equity via preferential allotment and is making an open offer to acquire an additional 26% from public shareholders. The disclosure details the acquisition of 92,91,34,820 shares, representing 60% of the total equity, through the preferential issue, with the acquisition date noted as June 18, 2026.