RBL Bank has completed the allotment of equity shares to its employees under the Employee Stock Option Plan (ESOP) scheme. The bank allotted 2,33,903 equity shares of face value Rs. 10 each to eligible employees on April 02, 2026, following the exercise of vested stock options.

Share Capital Enhancement

The allotment has resulted in an increase in the bank's paid-up share capital structure. The following table shows the impact on the bank's equity base:

ESOP Implementation Details

The share allotment was executed pursuant to the exercise of vested stock options by eligible employees under RBL Bank's established ESOP scheme. The bank has multiple ESOP schemes in place to incentivize and retain talent across various levels of the organization.

Regulatory Compliance

RBL Bank has formally intimated both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about this corporate action. The communication was signed by Company Secretary Niti Arya and submitted to the exchanges on April 02, 2026.

The bank's equity shares continue to trade on both exchanges under the scrip code 540065 on BSE and symbol RBLBANK on NSE. This allotment represents the bank's ongoing commitment to employee participation in the organization's growth through equity-based compensation schemes.

RBL Bank Limited has issued a comprehensive clarification to stock exchanges regarding recent media reports about a criminal investigation involving alleged misuse of accounts at one of its branches in Telangana. The clarification, dated April 1, 2026, addresses concerns raised about the bank's involvement in the ongoing investigation.

Investigation Details and Legal Proceedings

The bank confirmed its awareness of the criminal investigation being conducted by the Karimnagar-III Town Police and Telangana Cyber Security Bureau. The matter involves multiple FIRs registered against various parties.

The investigation centers on the alleged misuse of certain current accounts maintained at the bank's Kisan Nagar branch in Karimnagar. According to the bank's statement, these accounts are reported to have been used by certain individuals for unlawful activities.

Employee Involvement and Current Status

During the preliminary investigation, two employees from the affected branch have been taken into custody by authorities. However, both employees have subsequently been granted bail by the Hon'ble Court. The bank emphasized that the matter remains sub judice and is currently under active investigation by police authorities.

The bank stated it has no knowledge of, nor has it authorized or sanctioned, any alleged wrongful acts by any individual. Furthermore, the bank clarified it is not aware of any misuse of funds being remitted from its customers' accounts.

Regulatory Compliance and Disclosure Requirements

RBL Bank addressed concerns about regulatory disclosure requirements under SEBI regulations. The bank maintained that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, such events do not warrant mandatory disclosure.

Risk Management and Internal Controls

The bank emphasized its robust internal control mechanisms and policies. RBL Bank stated it maintains comprehensive policies and procedures governing Know Your Customer (KYC) compliance, account opening processes, and employee conduct standards. The bank expects strict adherence to these policies at all times across all its operations.

Expected Impact on Operations

RBL Bank does not anticipate any material impact on its operations or financial position arising from this investigation. The bank clarified that the matter does not pertain to the bank's financial affairs directly. The institution reiterated its zero-tolerance approach towards any form of misconduct and commitment to maintaining the highest standards of governance, regulatory compliance, and customer protection.

The bank assured stakeholders that it will continue to keep stock exchanges informed of any material events as required under Regulation 30 of the Listing Regulations, maintaining its commitment to transparency and regulatory compliance.