RBL Bank Limited has allotted equity shares to its employees under the Employee Stock Option Plan (ESOP) scheme, marking another step in the bank's employee incentivization program. The allotment was completed on February 25, 2026, with formal intimation sent to stock exchanges the following day.

Share Allotment Details

The bank allotted a total of 2,35,707 equity shares with a face value of Rs. 10 each to eligible employees who exercised their vested stock options under the bank's ESOP schemes. This allotment represents the conversion of employee stock options into actual equity shares, providing employees with ownership stakes in the organization.

Impact on Share Capital

The allotment has resulted in an increase in RBL Bank's paid-up share capital structure. The bank's total equity base has expanded following the conversion of employee stock options into actual shares.

Regulatory Compliance

The bank has fulfilled its regulatory obligations by formally notifying both major stock exchanges about the share allotment. Company Secretary Niti Arya communicated the intimation to BSE Limited and National Stock Exchange of India Limited on February 26, 2026, ensuring transparency and compliance with listing requirements.

This ESOP exercise reflects the bank's commitment to employee participation in organizational growth and aligns employee interests with shareholder value creation. The allotment process was completed in accordance with the bank's established ESOP schemes and regulatory guidelines.

RBL Bank has received regulatory approval for a significant shareholding acquisition by SBI Mutual Fund. The Reserve Bank of India granted permission on February 25, 2026, allowing SBI Mutual Fund to acquire up to 9.99% of the bank's paid-up share capital or voting rights within a one-year timeframe.

RBI Approval Details

The central bank's approval comes in response to an application submitted by SBI Mutual Fund for the proposed acquisition. The approval is comprehensive, covering the aggregate holding limit and establishing clear parameters for the investment with a defined timeline.

Regulatory Conditions and Compliance

The RBI approval comes with specific regulatory conditions that SBI Mutual Fund must adhere to throughout the acquisition process. The approval mandates compliance with multiple regulatory frameworks:

• Banking Regulation Act, 1949
• Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025
• Foreign Exchange Management Act, 1999
• Securities and Exchange Board of India regulations
• Other applicable statutes and guidelines

Shareholding Management Requirements

The approval includes specific provisions for managing the shareholding percentage. SBI Mutual Fund must ensure that its aggregate holding does not exceed the 9.99% threshold at any time. Additionally, if the mutual fund's holding falls below 5% at any point, prior RBI approval will be required to increase it back to 5% or more of the paid-up share capital or voting rights.

Current Investment Position

As disclosed in the regulatory filing, SBI Mutual Fund currently holds 1.88% of RBL Bank's equity share capital as of February 20, 2026. This existing position provides a foundation for the potential expansion up to the newly approved 9.99% limit within the stipulated one-year period.

Disclosure and Transparency

In compliance with SEBI Listing Regulations, specifically Regulation 46(2), RBL Bank has made this information available on its official website. The disclosure ensures transparency for all stakeholders regarding this significant potential shareholding change.