Tamilnad Mercantile Bank will open two new branches, at Adoni (Andhra Pradesh) on 11.11.2026 and Thoothukudi Anna Nagar. The filing is an intimation under Regulation 30 of the bank's branch expansion.
Tamilnad Mercantile Bank allotted 2,364 equity shares to employees exercising options under its ESOP 2024. Paid-up capital rises to 15,83,53,818 shares.
Tamilnad Mercantile Bank won two Oracle Excellence Awards 2026 for Customer and Employee Experience at Oracle AI World, Las Vegas. The recognition highlights the bank's digital excellence with no monetary value attached.
Tamilnad Mercantile Bank Limited is opening a new branch in Kadambur, Thoothukudi District. The branch is scheduled to commence operations on October 12, 2026.
TMB has announced its Board meeting scheduled for 26 October 2026 to consider un-audited Q2/H1 results. The trading window for Designated Persons remains closed from 1 to 28 October 2026.
India Ratings has assigned an 'IND AA-' issuer rating with a stable outlook to Tamilnad Mercantile Bank Limited. This rating reflects the bank's improved financial profile.
Tamilnad Mercantile Bank announced the appointment of Thiru.R.Kannan as Additional Director and the tenure extension of Thiru.C.S.Ram Kumar. Thiru.Visvanathan Srinivasan ceases to be a director.
Tamilnad Mercantile Bank reported a 27.27% year-on-year growth in total business to ₹1,30,261 Crore. Total deposits grew 25.49% to ₹69,546 Crore for the quarter.
Tamilnad Mercantile Bank Limited will open two new branches in Chinnampalayam and Vellalore, Coimbatore District. Both branches are scheduled to commence operations on September 30, 2026.
Tamilnad Mercantile Bank Limited will open a new branch in Thiruvottiyur, Tamil Nadu. The branch is scheduled to commence operations on August 27, 2026.