The board will also consider approving the bank’s results for the quarter ending September 2025
RBL Bank’s board of directors will meet on October 18, 2025 to consider raising funds through issuance of equity or equity-linked instruments or securities, on a preferential issue basis or a private placement basis, according to a stock exchange filing.
“The Board of Directors shall, inter alia, discuss, consider and, if deemed appropriate, approve the proposal for raising funds by way of issue of eligible securities of the Bank, including equity or equity-linked instruments or securities, by way of preferential issue or private placement or any other method or combination thereof as may be deemed appropriate, in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI Listing Regulations and other applicable laws, rules, regulations, laws and statutes, and on such terms and conditions as the Board of Directors may deem fit, in its sole discretion,” the notice said.
Shareholder approval
If necessary, the Bank would further consider seeking the approval of its shareholders for the proposal, if approved by the Board of Directors. The board will also consider approving the bank’s results for the quarter ending September 2025. The fundraising announcement comes amid reports that Emirates NBD is likely to acquire a majority stake in RBL Bank. RBL Bank called the report incorrect earlier this week.
Published on October 15, 2025
#RBL #Bank #board #meet #October #raising #funds #preferential #share #issuance