RBL Bank block deal: M&M likely to sell entire stake for Rs 682 crore today
RBL Bank shares ended the previous session 1.96% lower at ₹322.3 apiece. The stock has seen a significant rally, gaining 16.9% over the past month, 63.5% in the last six months.
- Nov 6, 2025,
- Updated Nov 6, 2025 8:31 AM IST
Shares of RBL Bank are in focus on Thursday amid expectations of a substantial block deal involving Mahindra & Mahindra (M&M). According to reports, M&M is set to offload its entire 3.45% stake in the lender for ₹682 crore, setting the floor price at ₹317 per share. The floor price is said to be at ₹317 per share. The transaction is set to yield M&M a 64% return on its ₹417 crore investment made in July 2023 when it purchased a minority holding at ₹197 per share, reflecting the robust appreciation in RBL Bank's stock value over the period.
On another front, Emirates NBD Bank is set to invest up to ₹26,853 crore—approximately $3 billion—to acquire a 60% stake in RBL Bank. This investment will proceed via a preferential equity issue at ₹280 per share, following board approval to allot 96 crore new equity shares last month.
RBL Bank shares ended the previous session 1.96% lower at ₹322.3 apiece. The stock has seen a significant rally, gaining 16.9% over the past month, 63.5% in the last six months, and 104.3% year-to-date. These results have outpaced sector benchmarks and competitors, underscoring considerable investor interest and positive sentiment around the bank, especially in view of recent strategic investments and stake sales.
Shares of RBL Bank are in focus on Thursday amid expectations of a substantial block deal involving Mahindra & Mahindra (M&M). According to reports, M&M is set to offload its entire 3.45% stake in the lender for ₹682 crore, setting the floor price at ₹317 per share. The floor price is said to be at ₹317 per share. The transaction is set to yield M&M a 64% return on its ₹417 crore investment made in July 2023 when it purchased a minority holding at ₹197 per share, reflecting the robust appreciation in RBL Bank's stock value over the period.
On another front, Emirates NBD Bank is set to invest up to ₹26,853 crore—approximately $3 billion—to acquire a 60% stake in RBL Bank. This investment will proceed via a preferential equity issue at ₹280 per share, following board approval to allot 96 crore new equity shares last month.
RBL Bank shares ended the previous session 1.96% lower at ₹322.3 apiece. The stock has seen a significant rally, gaining 16.9% over the past month, 63.5% in the last six months, and 104.3% year-to-date. These results have outpaced sector benchmarks and competitors, underscoring considerable investor interest and positive sentiment around the bank, especially in view of recent strategic investments and stake sales.