TMBNSETAMILNAD MERCA BANK LTDLowNeutral
Announced Tue, 14 Jul · 18:47 IST

TMB holds 104th AGM; declares Rs 12.50 final dividend per share

Board & Shareholder Meetings View source PDF

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
+2.1%1-day move
₹783.00
prior close
₹798.00
base price
After-mkt
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-0.4+0.1-0.1+0.9+2.1+1.6+2.4+4.2+3.4+2.9
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AI summary

Tamilnad Mercantile Bank held its 104th AGM on July 14, 2026 via video conferencing with 223 shareholders present. Six resolutions were transacted, including adoption of FY26 audited financials, declaration of a final dividend of Rs 12.50 per share (125 percent of face value), re-appointment of two directors, and re-appointment of joint statutory central auditors for FY27 at Rs 26.4 lakh each. E-voting results will be announced within the regulatory timeline.

Likely market impact

Final dividend of Rs 12.50 per share rewards shareholders. Awaiting e-voting results for confirmation on all resolutions.