Tamilnad Mercantile Bank Limited is a scheduled commercial bank offering a range of banking products and services to retail, MSME, and corporate customers.;

MD/CEO

Shri.Salee S Nair

Founded in

1921

NSE symbol

TMB

Industry

Shareholding Pattern

Dec '24

Mar '25

Jun '25

Sep '25

Dec '25

Retail And Others
92.59%
Foreign Institutions
4.95%
Other Domestic Institutions
2.46%

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ScoutQuest • 2 days ago

Tamilnad Mercantile Bank's board amended fair disclosure principles, effective immediately. Changes align with SEBI insider trading rules; details available on the bank's website.

BSE • 2 days ago

Tamilnad Mercantile Bank extends Chief Risk Officer Thiru. Laxman Karkala Kudva's tenure by one year, effective August 12, 2026. Kudva, with 40 years of banking experience, has served as CRO since August 2024; extension complies with RBI governance rules.

The Times of India • 1 week ago

Income tax dept issues Rs 204 crore demand notice on TMB for 2013-14. Notice pertains to disallowed claims under Section 36(1)(viia) of IT Act.

ScoutQuest • 1 week ago

Tamilnad Mercantile Bank received Rs.204.2 Cr tax demand for AY 2013-14. Demand due to disallowance of claim; bank appealing and anticipates favorable outcome.

Livesquawk • 1 week ago

Tamilnad Mercantile Bank faces a 2.04B INR demand from Income Tax Dept. The development raises concerns about potential financial liabilities.

BSE • 4 weeks ago

Tamilnad Mercantile Bank plans an analyst/investor meet on March 6, 2026. No UPSI or material info will be disclosed; venue is Kanakia Wall Street, Mumbai.

Business Standard • 1 month ago

PSBs surpass private banks as quarterly profits reach new highs. Only 3 of 30 listed universal banks had >1% net NPAs in Q3.

BSE • 1 month ago

Tamilnad Mercantile Bank to conduct a one-on-one investor meet on Feb 26, 2026. No UPSI or material information will be shared during the meeting.

Marketsmojo • 2 months ago

Tamilnad Mercantile Bank Ltd achieved an all-time high of Rs.660 on 09 Feb 2026. The milestone reflects strong financial performance and sustained market momentum.

ScoutQuest • 2 months ago

Tamilnad Mercantile Bank raises MCLR rates effective 7 Feb 2026. Overnight, 1-month, 3-month, and 6-month MCLR increased; 1-year remains at 9.25%.

2026

Feb

Quarterly Result

Release date

Check latest financial

2025

Oct

Quarterly Result

Release date

Check latest financial

1
Aug
Dividend
Ex date
₹11.00
per share

For each share you hold, you will receive ₹11.00

Dividend amount₹11.00 per share

Dividend TypeFinal

Ex Date1 Aug ‘25

Record Date1 Aug ‘25

Announcement date23 Apr ‘25

Jul

Quarterly Result

Release date

Check latest financial

23
Apr
Dividend
Announced
₹11.00
per share

For each share you hold, you will receive ₹11.00

Dividend amount₹11.00 per share

Dividend TypeFinal

Ex Date1 Aug ‘25

Record Date1 Aug ‘25

Announcement date23 Apr ‘25

2024

20
Sep
Dividend
Ex date
₹10.00
per share

For each share you hold, you will receive ₹10.00

Dividend amount₹10.00 per share

Dividend TypeFinal

Ex Date20 Sep ‘24

Record Date21 Sep ‘24

Announcement date22 Apr ‘24

22
Apr
Dividend
Announced
₹10.00
per share

For each share you hold, you will receive ₹10.00

Dividend amount₹10.00 per share

Dividend TypeFinal

Ex Date20 Sep ‘24

Record Date21 Sep ‘24

Announcement date22 Apr ‘24

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Tamilnad Mercantile Bank

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Shareholding Pattern

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1AugDividendEx date₹11.00per share

23AprDividendAnnounced₹11.00per share

20SepDividendEx date₹10.00per share

22AprDividendAnnounced₹10.00per share

About Groww

1
Aug
Dividend
Ex date
₹11.00
per share

23
Apr
Dividend
Announced
₹11.00
per share

20
Sep
Dividend
Ex date
₹10.00
per share

22
Apr
Dividend
Announced
₹10.00
per share