At meeting held on 30 November 2019The Board of RBL Bank at its meeting held on 30 November 2019 has approved the raising of funds by issue of equity shares on private placement basis. The Board approved the issue of up to 2,42,38,310 equity shares aggregating up to Rs 825.79 crore to the following investors -
East Bridge Capital Master Fund 1
FEG Mauritius Master Fund
WF Asian Reconnaissance Fund.
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