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

CEO/MD

Salee Sukumaran Nair

Founded in

1921

NSE symbol

TMB

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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Financial Express • 1 week ago

RBI eases norms for CRAR calculation, allowing banks to include quarterly profits faster, boosting Tier I capital. RBI removes Investment Fluctuation Reserve requirement, enhancing banks' capital ratios by 6-12 basis points.

BSE • 1 week ago

Tamilnad Mercantile Bank's board to meet on April 27, 2026, to approve Q4 and FY26 results. Trading window for insiders closed from April 1 to April 29, 2026, as per SEBI norms.

Business Standard • 2 weeks ago

South Indian Bank, Karur Vysya Bank, and Tamilnad Mercantile Bank saw advances grow faster than deposits in FY26. Data shows mid and small private banks outpacing deposit growth with credit expansion in FY26.

CNBC TV 18 • 2 weeks ago

Tamilnad Mercantile Bank's Q4 total business rose 17% driven by advances growth. Strong CASA growth and deposit momentum continued post a healthy Q3 performance.

Livesquawk • 2 weeks ago

Tamilnad Mercantile Bank's total advances rose to ₹533.8B from ₹443.7B YoY. Total deposits increased to ₹617.0B compared to ₹536.9B YoY, showing strong growth.

ScoutQuest • 2 weeks ago

Tamilnad Mercantile Bank faces Rs. 5.37 cr tax demand for AY 2024-25. Demand stems from disallowance under Section 14A; bank plans to appeal.

ScoutQuest • 3 weeks 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 • 3 weeks 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 • 4 weeks 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 • 4 weeks 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.

2026

Apr

Quarterly & Annual Result

Upcoming

Release date

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