The floor price for the block has been fixed at ₹317 per share which is a discount of around 2.1% to the bank’s current market price.
With this, M&M pockets a whopping 64% return on ₹417 crore investment made in July 2023 when it picked a minority stake in the bank for ₹197 per share.
#JustIn | #RBLBank block is launched, M&M is likely selling its entire 3.45% stake.
RBL Bank block size is likely $78 million & floor price is ₹317/sh, floor price is at a discount of 2.1% to the CMP
Sources to @sudarshankr pic.twitter.com/94NIAn8jEq
— CNBC-TV18 (@CNBCTV18Live) November 5, 2025
The move marks the automaker’s complete exit from the private lender after little over a year of investment.
That the automaker had no intention of investing further in the bank was made clear in August 2023, M&M’s Managing Director and CEO Anish Shah addressed the media just a month after picking the stakes in RBL Bank.
“There is no intention of going further at this point. But it helps us understand the sector a lot better to enhance the value of a business that is nearly a ₹40,000 market capitalisation,” Shah said at the time.
(Edited by : Hormaz Fatakia, Tenzin Norzom)
First Published: Nov 5, 2025 4:56 PM IS
