TMB fixes AGM on July 14, record date June 12 for FY26 proposed dividend

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TMB · price

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹743.65

prior close

₹740.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.0%+1.5% vs market

Private Sector Bank peers, median of 19sector-1.4%+0.9% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 0.9 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.8

10m

+3.0

15m

+3.9

30m

+3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-2.0+1.5-1.4+0.9

Next day

+4.9-0.1+5.0+1.8+3.1

+4.1-1.6+5.6+1.2+2.8

+3.4-2.7+6.0+1.0+2.3

+3.7+0.3+3.4+3.3+0.3

+4.1+2.0+2.1+4.4-0.4

+6.2+3.7+2.4+6.0+0.2

15d

-0.9+5.2-6.1+5.1-5.9

+1.5+3.3-1.8+3.0-1.5

+19.3+9.0+10.3+5.1+14.2

+25.0+11.8+13.2+11.0+14.1

UpDownMarket · Nifty Microcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tamilnad Mercantile Bank board on June 5, 2026 approved holding the 104th AGM on July 14, 2026 at 11 AM via video conferencing. Fixed record date as June 12, 2026 for the proposed FY 2025-26 dividend, to be paid on or before August 13, 2026 subject to AGM approval. Also promoted T. Arunmolian from Deputy VP to VP and designated him as Head of Legal effective June 1, 2026.

Likely market impact

Investors holding shares as on June 12, 2026 record date will be eligible for FY26 dividend if approved at the July 14 AGM. Payment expected by August 13.