RBL Bank Share Price in Focus as Emirates NBD Announces Open Offer to Acquire 26% Stake at ₹282.38 Per Share

Emirates NBD Bank has made a significant move in the Indian banking sector by announcing an open offer to acquire a 26% stake in RBL Bank.  

This offer is priced at ₹282.38 per share, which includes an offer price of ₹280 and applicable interest of ₹2.38 per share. 

Details of the Open Offer 

The open offer by Emirates NBD aims to acquire up to 41,58,58,443 fully-paid-up equity shares of RBL Bank.  

This acquisition represents 26% of the expanded voting share capital of the bank. The total consideration for this offer amounts to ₹1,17,35,32,99,774.34, assuming full acceptance by the public shareholders. 

J.P. Morgan India Private Limited is managing the offer, ensuring compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. 

Offer Price Breakdown 

The offer price of ₹282.38 per share is a combination of the base offer price of ₹280 and an additional applicable interest of ₹2.38.  

This pricing strategy is designed to attract public shareholders to tender their shares in favour of Emirates NBD. 

Regulatory Compliance and Disclosure 

RBL Bank has received the letter of offer from J.P. Morgan India Private Limited, the manager of the offer. In compliance with SEBI regulations, the bank has disclosed this information on its official website. 

Read More: RBL Bank Share Price Falls Over 3%; Finance Ministry Clears Emirates NBD Acquisition Deal! 

Impact on RBL Bank 

This open offer by Emirates NBD could potentially lead to significant changes in the shareholding pattern of RBL Bank. The acquisition aligns with Emirates NBD's strategy to expand its presence in the Indian banking market. 

RBL Bank Share Price Performance 

As of May 22, 2026, at 8:51 PM, RBL Bank share price on NSE was trading at ₹334.35 up by 1.70% from the previous closing price. 

Conclusion 

Emirates NBD's open offer for a 26% stake in RBL Bank at ₹282.38 per share marks a notable development in the Indian banking sector. With a substantial financial commitment, this move underscores Emirates NBD's interest in strengthening its foothold in India. 

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