Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Ltd | Sector: Banks | ISIN: INE668A01016

₹ 415.10 (-0.31%) icon

22 Mar, 2023, 3:31:54 PM
Open
₹ 417.00
Prev. Close
₹ 416.40
Turnover(lac)
₹ 349.68
Day's High
₹ 418.55
Day's Low
₹ 414.00
52 Wk High
₹ 548.50
52 Wk Low
₹ 415.10
Book Value
₹ 436.99
Face Value
₹ 10.00
Mkt. Cap (Cr.)
₹ 6,573.17
P/E
7.05
EPS
59.07
Div. Yield
0.00

KEY RATIOS

sector: Banks

  • CMP

    as on 3/22/2023 3:31:54 PM

    ₹ 415.1 -1.30 -0.31
  • Open
  • ₹ 417
  • Prev. Close
  • ₹ 416.4
  • Turnover(Lac.)
  • ₹ 350
  • Day's High
  • ₹ 418.55
  • Day's Low
  • ₹ 414
  • 52 Week's High
  • ₹ 548.5
  • 52 Week's Low
  • ₹ 415.1
  • Book Value
  • ₹ 436.99
  • Face Value
  • ₹ 10
  • Mkt Cap (₹ Cr.)
  • 6,573.17
  • P/E
  • 7.05
  • EPS
  • 59.07
  • Divi. Yield
  • 0

Corporate Actions

14 Feb , 2023

12:00 AM

Dividend

Dividend amount: 5
Announcement date: 14 Feb , 2023

View Details

30 Jan , 2023

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

13 Jan , 2023

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

13 Jan , 2023

12:00 AM

17 Oct , 2022

12:00 AM

17 Oct , 2022

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

SHAREHOLDING SNAPSHOT
22 March , 2023 | 06:34 PM

PROMOTER - TOTAL0.00%

Indian: 0.00%

Foreign: 0%

NON-PROMOTER - TOTAL 100.00%

Institutions: 6.49%

Non-Institutions: 93.51%

CUSTODIES - 0.00%

Custodies: 0.00%

See More Details

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Tamilnad Mercantile Bank Ltd News and Update

Article Image
  • 16 hours ago |
  • 4:00 PM

Bank receives binding bids for two of its bad loan portfolios.

Article Image
  • 1 day ago |
  • 3:59 PM
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FINANCIALS

No Data Available To Display Chart

PEER COMPARISON

Figures of Market Capital(Mar Cap), Quaterly Net Profit(NP Qtr) and Quaterly Sales(Sales Qtr) are in ₹ Cr.View All Peer Comparison

MORE ABOUT Tamilnad Mercantile Bank Ltd

  • K Venkata Rama Moorthy

  • Managing Director & CEO
  • Niranjan Sankar Annamalai

  • Non Executive Director
  • Ashok Shanmugam Rajendran

  • Non Executive Director
  • P C G Asok Kumar

  • Non Executive Director
  • Dhanushkodi N Nirranjan Kani

  • Non Executive Director
  • BALAKRISHNAN PRABAHARAN

  • Independent Director
  • Chiranjeevi Raj C.

  • Independent Director
  • Shivavel Ezhil Jothi

  • Independent Director
  • Nagarajan Kandavel

  • Independent Director
  • Balasubramanian Vijayadurai

  • Part Time Chairman
  • B S keshava Murthy

  • Independent Director
  • Babu Suresh Kumar S.

  • Nominee (RBI)
  • Natarajan Gopal

  • Nominee (RBI)
  • Prakash Chandra Panda

  • Company Secretary

Summary

Tamilnad Mercantile Bank Limited was incorporated in the name of Nadar Bank Limited on May 11, 1921 at Thoothukudi, Tamil Nadu as a limited company under Indian Companies Act, 1913 pursuant to a certificate of incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah.. Subsequently, name of the Bank was changed to Tamilnad Mercantile Bank Limited, with effect from November 27, 1962, pursuant to a letter of approval from the Government of India dated November 14, 1962 and a fresh certificate of incorporation dated July 17, 1968 was issued by the Assistant Registrar of Companies, Madras.On November 11, 1921, the Bank commenced business at Thoothukudi, in Tamil Nadu. In 1933, it acquired its first property at Beach Road, Thoothukudi, in Tamil Nadu. On May 11, 1935, it was included in the second schedule to the Reserve Bank of India Act, 1934. It was granted the licence to carry on banking business in India by RBI on November 20, 1962. It opened a a rural branch at Vilathikulam, Tamil Nadu in 1968. In 1993, it was registered as Category-1 Merchant Bankers with SEBI and opened first currency chest at Madurai Branch. The Bank was granted licence to deal in foreign exchange in 1999. It launched first ATM, christened as TMB Surabhi, in Chennai in 2004. In 2005, it launched first insurance linked deposit scheme, christened as Siranjeevee Recurring Deposit. It launched SMS banking services and internet banking facilities, christened as TMB E-Connect in... Read More


Reports by Tamilnad Mercantile Bank Ltd


Reports by Tamilnad Mercantile Bank Ltd