Tamilnad Mercantile Bank Ltd

TMB03 Dec 2024

Banks

₹

+12.45 (+2.61%)

Lowest Today

Highest Today

Prev. Close

Today’s Open

52 Week High

52 Week Low

BUY

SELL

To Invest in Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Ltd

Banks

TMB03 Dec 2024

₹

+12.45 (+2.61%)

OverviewFundamentals

Corporate action

Peer comparison

Cash flow

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
22-Apr-2024	D	Outcome of the Board Meeting held on April 22, 2024 - Audited Financial Results for the quarter and financial year ended March 31, 2024 and Final Dividend Recommendation of Final Dividend The Board of Directors of the Bank have recommended the payment of final Dividend of ?10/- per equity share of the face value ?10/- each (100%) for the financial year 2023-24, subject to the approval of the Shareholders at the ensuing Annual General Meeting ('AGM') of the Bank. The AGM date and the Record date for the purpose of the payment of final dividend will be announced in due course. The Board Meeting commenced at 2.55 p.m. and concluded at 4.05 p.m. The above information is also being hosted on the Bank's website www.tmb.in as per the listing regulations. Kindly take the information on record.	20-Sep-2024
24-Apr-2023	D	Pursuant to Regulation 30, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of Tamilnad Mercantile Bank Limited ('Bank') at its meeting held today, viz. April 24, 2023, inter alia, transacted the following business: (A) Audited Financial Results (B) Dividend.	29-Aug-2023
14-Feb-2023	D	Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in their meeting held today has declared an Interim Dividend of ?5/- per equity share of the face value ?10/- each for the Financial Year 2022-23. The Interim Dividend will be paid on or after 6th March 2023. The Board Meeting commenced at 10.00 a.m. and concluded at 6.15 p.m.	24-Feb-2023
23-Nov-2024	BC	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot	23-Dec-2024
08-Oct-2024	BC	Tamilnad Mercantile Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2024 inter alia to consider and approve the Un-audited Financial Results o	28-Oct-2024
19-Sep-2024	BC	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Appointment of Additional Director on the Board of the Bank by the Reserve Bank of India.	04-Oct-2024
29-Aug-2024	BC	Intimation of 102nd Annual General Meeting of the Bank and Book Closure Dates	27-Sep-2024
25-Sep-2024	BC	With reference to our earlier intimation Ref.No.TMB.SE.110/2023-24, dated 19.09.2024, wherein the Bank had informed about the approval granted by the Reserve Bank of India for the appointment of Shri	27-Sep-2024

No Rights has been declared by TMB

Book Closure

Record Date	Split Date	Purpose
23-Dec-2024	01 Jan'1900	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot
28-Oct-2024	-	Tamilnad Mercantile Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2024 inter alia to consider and approve the Un-audited Financial Results o
04-Oct-2024	-	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Appointment of Additional Director on the Board of the Bank by the Reserve Bank of India.
27-Sep-2024	-	Intimation of 102nd Annual General Meeting of the Bank and Book Closure Dates
27-Sep-2024	-	With reference to our earlier intimation Ref.No.TMB.SE.110/2023-24, dated 19.09.2024, wherein the Bank had informed about the approval granted by the Reserve Bank of India for the appointment of Shri

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Tamilnad Mercantile Bank Ltd ₹488.65(+12.45/2.61%)	488.65	+12.45	7,737.84	-5.82	6.86	0.92
Karur Vysya Bank Ltd ₹238.65(+1.15/0.48%)	238.65	+1.15	19,204.08	54.27	10.67	1.76
State Bank of India ₹853.95(+17.75/2.12%)	853.95	+17.75	762,117.93	43.61	10.82	1.94
Federal Bank Ltd ₹209.95(+0.85/0.41%)	209.95	+0.85	51,508.93	36.29	12.94	1.64
Yes Bank Ltd ₹20.84(+0.73/3.63%)	20.84	+0.73	65,333.16	6.54	37.89	1.41
Kotak Mahindra Bank Ltd ₹1,749.50(-5.00/-0.28%)	1,749.50	-5.00	347,829.32	-3.73	24.76	3.14

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Cash and Cash Equivalents at Beginning of the year	3581.99	3852.00	2705.08	3736.55
Net Cash from Operating Activities	-610.54	-1269.80	1325.01	-670.36
Net Cash Used In Investing Activities	-100.30	-88.60	-106.83	-37.11
Net Cash Used In Financing Activities	696.98	1088.38	-71.26	-324.00
Net Inc./Dec In Cash And Cash Equivalents	-13.86	-270.02	1146.93	-1031.47
Cash And Cash Equivalents At End Of The Year	3568.12	3581.99	3852.00	2705.08

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

0.00%

FII Shareholding

4.08%

DII Shareholding

2.66%

Public Shareholding

93.26%

**Promoter pledged shareholding 0.00%

About Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Ltd is in the Banks sector, having a market capitalization of Rs. 7737.84 crores. It has reported a sales of Rs. 1337.41 crores and a net profit of Rs. 303.18 crores for the quarter ended December 2018. The company management includes S Ravindran, BALAKRISHNAN PRABAHARAN,Niranjan Sankar Annamalai,Ashok Shanmugam Rajendran,Dhanushkodi N Nirranjan Kani,Chiranjeevi Raj C.,Shivavel Ezhil Jothi,C S Ram Kumar,S Ravindran,Salee Sukumaran,K Venkata Rama Moorthy,R.Deepak Shankar,R.Kanagavalli,Thomas Mathew,S Sridharan (Tamilnad Mercantile Bank Ltd) among others.

Chairman

S Ravindran

Registered office

57 Victoria Extension Road,,Thoothukudi,Tamil Nadu,628002

FAX :

Background

Incorporation Year1921

Face Value₹10

Market Lot1