TMBNSETAMILNAD MERCA BANK LTDMinimalNeutral
Announced Wed, 15 Jul · 17:08 IST

AGM 2026 voting results: All 6 resolutions passed with over 96% approval

TMB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹816.40
prior close
₹819.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.7-0.5-0.7-2.5-1.8-0.1-0.8-1.9+11.6
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AI summary

Tamilnad Mercantile Bank's 104th AGM was held on July 14, 2026 through video conferencing. All 6 resolutions were passed. These included approval of financial statements for the year ended March 2026 (99.98% in favor), final dividend (99.99%), re-appointment of director K.V. Rama Moorthy (99.32%), re-appointment of joint auditors (98.88%), and re-appointment of independent director C. Chiranjeeviraj (96.81%). Voting turnout was 46.4% of total shares.

Likely market impact

Routine procedural filing. All resolutions passed with strong shareholder support. No material business change expected.