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EquityWireEmirates NBD Bank's open offer for RBL Bank shares to begin on Dec 12

Emirates NBD Bank's open offer for RBL Bank shares to begin on Dec 12

This story was originally published at 15:28 IST on 5 November 2025
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Informist, Wednesday, Nov. 5, 2025

 

MUMBAI – RBL Bank shareholders can place bids for the open offer by Emirates NBD Bank between Dec. 12 and Dec. 26, according to the tentative schedule announced in an exchange filing Wednesday. Emirates NBD Bank is set to buy 26% stake in the bank at INR 280 per share as part of the open offer. The bank will announce the results of the bidding process to shareholders on Jan. 9.

 

RBL Bank reported a net profit of INR 1.78 billion for the September quarter on total income of INR 44.40 billion. On Tuesday, RBL Bank's shares closed 1.5% lower at INR 323.85 on the National Stock Exchange.  End

 

Reported by Janwee Prajapati

Edited by Avishek Dutta

 

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