Bigul

Vault Matters: Why the Tamilnad Mercantile Bank incident is funny and scary

A 9,000-crore transfer made the bank to the wrong account raises several questions
24-09-2023
Bigul

Tamilnad Mercantile Bank Ltd - 543596 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Tamilnad Mercantile Bank Limited has informed the Exchange about issuance of Duplicate Share Certificates
21-09-2023
Bigul

Tamilnad Mercantile Bank Ltd - 543596 - Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Clarification Regarding The Reported Information / News In The Mainstream Media

Pursuant to Regulation 30(11) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to clarify the information / news published in mainstream media regarding wrong credit to beneficiary accounts in NACH transaction. The NACH credit file received from NPCI had some invalid account numbers, in some cases, the account numbers were of 16 digits, instead of correct 15 digits. When the file was processed in NACH application, the amount field got prefixed with one digit (9) and the file was uploaded in CBS. The mistake was noticed immediately and the entries were reversed. We have now introduced additional checks for authorizing the NACH credit transactions. There is no financial loss to the Bank in this regard.
21-09-2023
Bigul

Tamilnad Mercantile Bank Ltd - 543596 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Tamilnad Mercantile Bank Limited has informed the exchange about Loss of Share Certificates
14-09-2023
Bigul

Tamilnad Mercantile Bank Ltd - 543596 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates.
11-09-2023
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Tamilnad Mercantile Bank Ltd - 543596 - Investor / Analyst Meet Held On Thursday, September 07, 2023

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, and in continuation of our letter no. TMB/SE.86/2023-24 dated September 04, 2023, we wish to inform you that the Bank Management has interacted with the below mentioned institutional investors at Antique''s BFSI Conference in Trident, BKC, Mumbai on Thursday, September 07, 2023.
08-09-2023
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Tamilnad Mercantile Bank Ltd - 543596 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates
07-09-2023
Bigul

Tamilnad Mercantile Bank Ltd - 543596 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Tamilnad Mercantile Bank Limited has submitted the Exchange a copy of the Scrutinizers report of Annual General meeting held on September 05, 2023. Further, the Bank has informed the Exchange regarding voting results.
05-09-2023
Bigul

Tamilnad Mercantile Bank Ltd - 543596 - Shareholder Meeting / Postal Ballot-Outcome of AGM

Tamilnad Mercantile Bank Limited has informed the Exchange regarding proceedings of the Annual General Meeting held on September 05, 2023
05-09-2023
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