Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 22nd May, 2026: Dubai-based Emirates NBD and the Burman family’s open offer to acquire an additional 26 per cent stake in RBL Bank will close on June 12, according to a regulatory filing.
The open offer covers the acquisition of up to 415,586,443 fully paid-up equity shares with a face value of Rs 10 each, representing 26 per cent of the bank’s expanded voting share capital.
The offer price has been fixed at Rs 280 per share, along with applicable interest of Rs 2.38 per share, the filing said.
The transaction is being closely watched in India’s banking sector as it could significantly alter the shareholding structure of RBL Bank. The Burman family, promoters of Dabur India, has been steadily increasing its stake in the private sector lender in recent years.