RBL Bank has allotted 1,54,262 equity shares to its eligible employees under the Employee Stock Option Plan (ESOP) scheme on February 09, 2026. The allotment was made pursuant to the exercise of vested stock options by employees under the bank's ESOP schemes.

Share Allotment Details

The bank allotted equity shares with specific parameters to eligible employees who exercised their stock options.

Impact on Share Capital

The allotment resulted in an increase in the bank's paid-up share capital structure.

Regulatory Compliance

The bank formally communicated this development to the stock exchanges on February 10, 2026. Company Secretary Niti Arya signed the intimation letter that was sent to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with regulatory disclosure requirements.

The communication was digitally signed and timestamped at 10:29:44 on February 10, 2026, maintaining proper documentation standards for corporate actions involving share allotments under employee benefit schemes.

RBL Bank Limited has received another corrigendum from Emirates NBD Bank (P.J.S.C.) regarding the ongoing open offer for acquisition of the bank's equity shares. The latest corrigendum, dated February 2, 2026, expands the regulatory approval requirements to include additional SEBI, CDSL, and NSDL approvals that must be obtained before completing the proposed transaction.

Open Offer Structure

The open offer involves Emirates NBD Bank's proposal to acquire up to 415,586,443 fully-paid-up equity shares of face value ₹10.00 each from public shareholders. The transaction parameters remain unchanged:

The offer price represents a significant premium and the transaction, if completed, would establish Emirates NBD as a major stakeholder in RBL Bank.

Enhanced Regulatory Requirements

The corrigendum introduces comprehensive statutory approval requirements related to RBL Bank's existing SEBI intermediary licenses. The bank currently holds several regulatory registrations requiring specific approvals for change in control:

Current SEBI Intermediary Licenses

RBL Bank will continue to hold most licenses except the Stock Broker License, for which a surrender application was submitted to Metropolitan Stock Exchange of India Limited on November 18, 2025.

Regulatory Applications Submitted

Following the proposed change in control, RBL Bank submitted comprehensive applications to relevant regulatory authorities on January 23, 2026:

Applications Filed

Subsequent SEBI approval will be sought after receiving no-objections from CDSL and NSDL for the Depository Participant License.

Publication and Communication

The corrigendum was published on February 3, 2026, ensuring wide dissemination across multiple newspapers:

J.P. Morgan India Private Limited, serving as the manager to the open offer, facilitated the publication and communication to all stakeholders.

Updated Timeline

The open offer process has progressed through several key milestones with the latest development:

• October 18, 2025: Initial public announcement
• October 27, 2025: Detailed public statement
• November 3, 2025: First corrigendum
• November 4, 2025: Draft letter of offer issued
• February 2, 2026: Latest corrigendum issued

The expanded definition of Required Statutory Approvals now encompasses additional SEBI, CDSL, and NSDL approvals, ensuring comprehensive regulatory compliance before transaction completion. All other terms and conditions of the open offer remain unchanged, with amendments to be incorporated in the final letter of offer to public shareholders.