Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication for the second 100 Days Campaign "Saksham Niveshak" for shareholders
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Tamilnad Mercantile Bank has relaunched its second "Saksham Niveshak" 100-day campaign (April 1 to July 9, 2026) to urge shareholders to claim unpaid or unclaimed dividends and update their KYC details with the bank's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited. The initiative follows an IEPFA letter dated March 27, 2026, and aims to prevent dividends from being transferred to the Investor Education and Protection Fund (IEPF). KYC updates include bank account mandate, PAN, nominee registration, and contact details. The bank also highlighted SEBI's special window for re-lodgement of transfer requests for physical shares (for requests lodged before April 1, 2019). Advertisements were published in The Business Line (English) and The Hindu (Tamil).
Shareholders with unclaimed dividends or incomplete KYC should contact the bank or its RTA before July 9, 2026, to avoid their dividends being transferred to IEPF. No direct impact on stock price expected.