The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share, aggregating to about Rs 26,016 crore. As a result of the allotment, RBL Bank's total share count has more than doubled -to 1.5485 billion from about 619.4 million.
Emirates NBD has successfully completed its acquisition of RBL Bank via a preferential allotment. The deal involved 929.1 million equity shares at Rs 280 each, amounting to Rs 26,016 crore. This significant allotment more than doubled RBL Bank's total share count to 1.5485…
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