RBL Bank allots 92,91,34,820 shares to Emirates NBD at ₹280; board changes approved
RBL Bank · Banks
Key highlights
- Allotted 92,91,34,820 equity shares of ₹10 face value at ₹280 each to Emirates NBD Bank (P.J.S.C) on June 18, 2026, aggregating ₹260,15,77,49,600.
- Paid-up capital increased from ₹619,42,32,130 to ₹1548,55,80,330; Emirates NBD now holds 60% and is classified as a promoter.
- Board approved appointing Shayne Keith Nelson, Patrick John Sullivan, Neeraj Makin, Manoj Chawla and Marwan Mahmood Mohammad Hadi as directors, subject to shareholder approval.
Why it's rated major development: amount is ₹10,000 crore or more
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Change in Directorate
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from RBL Bank
- Acquisition / mergerNotableRBL Bank receives RBI approval to amalgamate Emirates NBD Bank's Indian branches
- Fundraise / allotmentNotableEmirates NBD allotted 929,134,820 RBL Bank shares (60.00%); open offer drew nil shares
- Fundraise / allotmentMajor developmentRBL Bank allots 929,134,820 shares to Emirates NBD Bank via preferential issue, 60% stake
- Fundraise / allotmentMajor developmentRBL Bank allots shares worth INR 260,15,77,49,600 to Emirates NBD; board reconstituted
- Acquisition / mergerNotableRBL Bank updates on Emirates NBD Bank's approval for acquisition over 49% equity
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.