RBL Bank engaged with investors and analysts during meetings held on June 23, 2026, in Mumbai. The sessions were conducted as part of the bank's ongoing investor relations activities to provide updates and foster transparency.

The bank held one-on-one discussions with Millenium Management (Investor) and Morgan Stanley India Company Private Limited (Analyst). RBL Bank confirmed that no unpublished price sensitive information (UPSI) was shared during these interactions, ensuring compliance with fair disclosure practices.

The disclosure was submitted in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates the disclosure of investor meets to ensure transparency and maintain fair market practices. Additionally, the bank has hosted the information regarding these meetings on its official website in accordance with Regulation 46(2) of the SEBI Listing Regulations.

The filing was signed by Niti Arya, Company Secretary of RBL Bank Limited.

RBL Bank Limited has disclosed that the open offer initiated by Emirates NBD Bank (P.J.S.C.) concluded with zero shares tendered by public shareholders. The offer, which opened on June 1, 2026, and closed on June 12, 2026, sought to acquire up to 415,586,443 equity shares representing 26% of the expanded voting share capital at a price of ₹282.38 per share. Despite the offer remaining unsubscribed, Emirates NBD has acquired control over the bank through a preferential allotment of 929,134,820 equity shares at ₹280 per share, increasing its stake to 60%.

Transaction Outcome

The preferential allotment, completed on June 18, 2026, amounted to a total consideration of ₹26,015.77 crore. This transaction increased the bank's paid-up equity share capital from ₹619.42 crore to ₹1,548.56 crore. Following the allotment, Emirates NBD holds 60% of the total paid-up share capital, while public shareholding stands at 40%. The open offer price of ₹282.38 included an offer price of ₹280 and applicable interest of ₹2.38 per share, but no shares were accepted during the offer period.

The key parameters of the transaction are summarised below:

Governance and Compliance

The acquisition was conducted in accordance with the Companies Act, 2013, and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. J.P. Morgan India Private Limited acted as the manager to the offer. The post-offer advertisement was published in Financial Express, Jansatta, and Tarun Bharat on June 19, 2026. The bank's board has also approved the appointment of five nominees of Emirates NBD as (Additional) Non-Executive Non-Independent Directors, subject to shareholder approval.