Key Quantitative Figures
- Open offer size: 415,586,443 equity shares of ₹10 each
- Percentage of expanded voting share capital: 26.00%
- Equity shares tendered: 0 (nil) shares
- Percentage of offer size tendered: 0.00%
Dates and Timeline
- Disclosure date: June 03, 2026
- Letter of Offer date: May 22, 2026
- Escrow account statement timestamp: 16:53:48 on June 3, 2026
Parties Involved
- Target Company: RBL Bank Limited
- Acquirer: Emirates NBD Bank (P.J.S.C.)
- Manager to the Open Offer: J.P. Morgan India Private Limited
- Escrow Demat Account Provider: Ventura Securities Limited
- Stock Exchanges: National Stock Exchange of India Ltd, BSE Limited
Regulatory Framework
The open offer is being conducted pursuant to and in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (SEBI (SAST) Regulations).
Account Details
Open Offer Escrow Demat Account details:
- Account name: MIIPL RBL BANK LTD OPEN OFFER ESCROW DEMAT ACCOUNT
- Depository participant: Ventura Securities Limited
- DP identification number: IN303116
- Client identification number: 15744215
- PAN: AABCT3335M
Validation Process
The disclosure clarifies that tendered equity shares are subject to validation and verification of submission of complete set of documents. The number of shares "validly tendered" may differ from the number that will be accepted by the acquirer in accordance with SEBI(SAST) Regulations and the Letter of Offer.