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RBL Bank LimitedImportant, 29-05-2026: Updates

29-05-2026 | 04:58 pm

Emirates NBD Bank is making an open offer to acquire 26% of RBL Bank shares at INR 282.38 each, valuing the stake at ~11,735 Crore. RBL Bank's Independent Directors assess the INR 280 base offer price as fair by acquisition rules, but highlighted the current market price is significantly above this. Key regulatory approvals are secured; Emirates NBD seeks sole control and continued listing.

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