Emirates NBD Launches ₹117.35B RBL Bank Open Offer

Emirates NBD Bank makes mandatory open offer to acquire 26% of RBL Bank's expanded voting capital at ₹282.38 per share, totaling ₹117.35 billion.
Offer triggered by investment agreement for preferential allotment of 60% stake requiring regulatory approvals from RBI, SEBI, and DPIIT.
Open offer includes ₹2.38 per share interest payment for 31-day delay in tender period commencement due to regulatory approval timelines.
Public shareholders must submit specific documentation including PAN cards and tax forms to tender shares, with strict deadline compliance.