Tamilnad Mercantile Bank Ltd - 543596 - Announcement Under Regulation 30 (LODR) - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) Of The Bank
Tamilnad Mercantile Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR) upwards by 0.05% for Overnight, One Month, Three Month, and Six Month tenors. The One Year MCLR remains unchanged. The new rates are effective from June 07, 2026, which is expected to positively impact the bank's net interest margin.
Jun 06 2026 16:54:23
Tamilnad Mercantile Bank Ltd - 543596 - Fixation Of Record Date For Final Dividend For The F.Y - 2025-26
Tamilnad Mercantile Bank has fixed June 12, 2026, as the Record Date for its proposed dividend for FY26. Shareholders as of this date will be eligible for the dividend, which is subject to approval at the upcoming AGM.
Jun 05 2026 19:09:52
Tamilnad Mercantile Bank Ltd - 543596 - Board Meeting Outcome for Outcome Of Board Meeting Held On June 05, 2026 - Intimation Of 104Th Annual General Meeting Of The Bank And Record Date For The Proposed Dividend
Tamilnad Mercantile Bank's Board of Directors met on June 05, 2026. Key outcomes include fixing the 104th AGM on July 14, 2026, and setting June 12, 2026, as the record date for the proposed FY 2025-26 dividend, subject to AGM approval. A senior management promotion was also noted.
Jun 05 2026 19:04:18
Tamilnad Mercantile Bank Ltd - 543596 - Announcement Under Regulation 30 (LODR) - "Opening Of New Branch"
Tamilnad Mercantile Bank has opened a new branch in Tirur, Malapuram District, Kerala, effective May 21, 2026. This expansion enhances the bank's physical presence in the region, supporting its operational growth strategy.
May 20 2026 10:54:22
Tamilnad Mercantile Bank Ltd - 543596 - Announcement Under Regulation 30 (LODR) - General Updates
Tamilnad Mercantile Bank received a rectification order from the Income Tax Department, reducing a demand for AY 2013-14 from Rs.204.23 crore to Rs.2.93 crore, a significant reduction in potential liability.
May 14 2026 20:02:27
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