J.P. Morgan has submitted an update regarding the open offer for RBL Bank shares. As of June 1, 2026, zero equity shares were tendered in the open offer. This represents 0.00% of the total offer size. The disclosure clarifies that tendered shares are subject to validation, and the final number accepted by the acquirer may differ.
RBL Bank Open Offer Update Issued
J.P. Morgan, acting as the Manager to the Open Offer for RBL Bank Limited, has issued a disclosure concerning the number of equity shares tendered. The open offer aims for the acquisition of up to 415,586,443 equity shares, representing 26.00% of the expanded voting share capital by Emirates NBD Bank (P.J.S.C.).
Zero Shares Tendered in Open Offer
As per the latest statement from the Open Offer Escrow Demat Account, managed by Ventura Securities Limited, 0 (nil) equity shares have been tendered. This constitutes 0.00% of the total offer size. The disclosure reflects shares held in dematerialized form as of 17:09:09 on June 1, 2026.
Important Clarifications
It is important to note that any equity shares tendered are subject to validation and verification processes to ensure complete documentation. The number of shares that are considered “validly tendered” will be accepted in accordance with the applicable regulations and the Letter of Offer dated May 22, 2026. The number of shares ultimately accepted by the Acquirer may vary from the initially disclosed tendered shares.
Source: BSE
