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Tamilnad Mercantile Bank Limited ( (IN:TMB) ) just unveiled an update.
Tamilnad Mercantile Bank Limited announced the outcome of its Board Meeting held on September 18, 2025, where several amendments to its Articles of Association were approved. These amendments include changes to the eligibility criteria for directors, adjustments to the sitting fees for directors, and updates to the procedures for sending notices to members. The changes are intended to align the bank’s operations with current regulatory standards and are subject to approval by the Reserve Bank of India and the bank’s shareholders.
More about Tamilnad Mercantile Bank Limited
Tamilnad Mercantile Bank Limited is a financial institution operating in the banking industry, providing a range of banking services and products. The bank focuses on serving customers in India, with a particular emphasis on aligning its operations with regulatory and statutory requirements.
Average Trading Volume: 6,359
Technical Sentiment Signal: Sell
Current Market Cap: 68.37B INR
Find detailed analytics on TMB stock on TipRanks’ Stock Analysis page.