
Open Offer9 Jun 2026, 05:41 pm
RBL Bank Open Offer: Zero Shares Tendered
AI Summary
J.P. Morgan India, acting as the Manager to the Open Offer for RBL Bank, has disclosed that zero equity shares were tendered in the open offer initiated by Emirates NBD Bank. The offer aimed to acquire up to 415,586,443 shares, representing 26% of the expanded voting share capital. This disclosure indicates no public shareholders participated in tendering their shares into the escrow account as of June 9, 2026. The final acceptance of shares will be subject to validation and verification processes as per SEBI regulations.
Key Highlights
- Zero equity shares tendered in RBL Bank open offer.
- Emirates NBD Bank's offer aimed to acquire 26% stake.
- Disclosure made by Manager to the Open Offer, J.P. Morgan India.
- Tendered shares are subject to validation and verification.
Price Impact
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