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As part of this transaction, ENBD will also make a mandatory open offer for the purchase of up to 26% stake from the public shareholders of RBL Bank, in accordance with SEBI’s Takeover Regulations. Watch the Zawya video here:
The investment will be made via a preferential issue of up to 60% and will be subject to regulatory approvals and other customary closing conditions
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As part of this transaction, ENBD will also make a mandatory open offer for the purchase of up to 26% stake from the public shareholders of RBL Bank, in accordance with SEBI’s Takeover Regulations. Watch the Zawya video here:
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