RBL Bank has received approval from the Reserve Bank of India to amend its Memorandum of Association, effectively increasing its authorized share capital. This move paves the way for the previously announced preferential issue of equity shares to Emirates NBD Bank (P.J.S.C). The authorized capital will rise from Rs 1,000 crore to Rs 1,800 crore to support this strategic capital infusion.
Strategic Capital Restructuring
RBL Bank has taken a significant step toward its capital expansion plans. On April 9, 2026, the Reserve Bank of India provided the necessary confirmation to move forward with the amendment of the Bank’s Capital Clause in its Memorandum of Association. This formal approval follows the support of shareholders who passed an Ordinary Resolution for this change during the Extra Ordinary General Meeting held on November 12, 2025.
Details of the Capital Expansion
The bank is set to increase its authorized capital from Rs 1,000 crore to Rs 1,800 crore. This translates into an increase from 100 crore equity shares to 180 crore equity shares, with each share maintaining a face value of Rs 10. The newly created 80 crore shares will rank pari-passu with the existing equity shares of the bank.
Context of the Investment
This capital increase is a foundational step in the broader investment agreement finalized on October 18, 2025, involving Emirates NBD Bank (P.J.S.C). While the authorized capital hurdle has been cleared, the overall transaction remains subject to final customary conditions and receipt of remaining regulatory approvals as outlined in the original investment agreement.
Source: BSE
