Tamilnad Mercantile Bank Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 06 Apr 2026, 11:42 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Tamilnad Mercantile Bank Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26, confirming proper handling of dematerialisation processes. The certificate, issued by registrar MUFG Intime India Private Limited, was submitted to NSE and BSE on April 6, 2026. Company Secretary Swapnil Yelgaonkar digitally signed the document, ensuring regulatory compliance and transparent corporate governance practices.

powered bylight_fuzz_icon
37001555

*this image is generated using AI for illustrative purposes only.

Tamilnad Mercantile Bank Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory obligations under SEBI depositories regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The bank filed the mandatory certificate in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Swapnil Yelgaonkar digitally signed the compliance document on April 6, 2026, and submitted it to both the National Stock Exchange of India Limited and BSE Limited.

Filing Details: Information
Reference Number: TMB.SE.03/2026-27
Filing Date: April 6, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - 74(5)

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the bank's registrar and share transfer agent. The company issued the compliance certificate on April 3, 2026, confirming adherence to regulatory requirements during the quarter.

Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India, signed the confirmation certificate. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and that all regulatory timelines were met.

Compliance Confirmation

The certificate confirms several key compliance aspects:

  • Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
  • Security certificates received were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners
  • All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed

Corporate Information

Bank Details: Information
CIN: L65110TN1921PLC001908
Head Office: 57- V.E. Road, Thoothukudi – 628002
NSE Symbol: TMB
BSE Scrip Code: 543596

The submission demonstrates the bank's commitment to maintaining regulatory compliance and transparent corporate governance practices. The timely filing ensures adherence to SEBI requirements for listed entities regarding depositories and participant regulations.

Historical Stock Returns for Tamilnad Mercantile Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.69%+5.39%+3.21%+51.16%+56.97%+28.96%

How might the transition from Link Intime to MUFG Intime India as registrar impact TMB's future compliance processes and operational efficiency?

What strategic initiatives is Tamilnad Mercantile Bank likely to pursue in FY 2026-27 following this routine compliance milestone?

Could increased digitalization of compliance processes signal broader digital transformation plans for TMB's banking operations?

Tamilnad Mercantile Bank
View Company Insights
View All News
like18
dislike

Tamilnad Mercantile Bank Reports Strong Growth with 20.32% Rise in Advances

1 min read     Updated on 02 Apr 2026, 02:19 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Tamilnad Mercantile Bank announced impressive provisional business figures for Q4FY26, with total business reaching ₹1,150.92 billion, up 17.37% year-over-year. The bank demonstrated strong performance across all key metrics including 20.32% growth in advances to ₹533.80 billion, 14.94% increase in deposits to ₹617.12 billion, and exceptional 22.35% growth in CASA to ₹173.65 billion.

powered bylight_fuzz_icon
36621896

*this image is generated using AI for illustrative purposes only.

Tamilnad Mercantile Bank has announced impressive provisional business figures for Q4FY26 and the year ended March 31, 2026, showcasing robust growth across all key financial metrics. The bank's performance demonstrates strong momentum in both lending activities and deposit mobilization.

Financial Performance Overview

The bank's latest provisional figures reveal substantial growth across critical parameters, with total business expanding significantly on both year-over-year and quarter-over-quarter basis.

Metric March 31, 2026 March 31, 2025 Y-o-Y Growth December 31, 2025 Q-o-Q Growth
Total Business ₹1,150.92 billion ₹980.55 billion +17.37% ₹1,074.70 billion +7.09%
Total Advances ₹533.80 billion ₹443.66 billion +20.32% ₹507.63 billion +5.16%
Total Deposits ₹617.12 billion ₹536.89 billion +14.94% ₹567.07 billion +8.83%
CASA ₹173.65 billion ₹141.93 billion +22.35% ₹158.47 billion +9.58%

Advances Growth Analysis

The bank's total advances have shown remarkable expansion, increasing to ₹533.80 billion from ₹443.66 billion year-over-year, representing a substantial growth of 20.32%. On a quarterly basis, advances grew by 5.16% from ₹507.63 billion in December 2025, indicating consistent lending momentum and successful customer acquisition strategies.

Deposit Mobilization Performance

Total deposits demonstrated strong growth, rising to ₹617.12 billion compared to ₹536.89 billion in the previous year, reflecting a healthy growth rate of 14.94%. The quarterly growth of 8.83% from ₹567.07 billion shows the bank's continued ability to attract and retain customer deposits effectively.

CASA Performance Highlights

The bank's Current Account and Savings Account (CASA) portfolio showed exceptional performance with a 22.35% year-over-year growth, reaching ₹173.65 billion. The quarterly growth of 9.58% demonstrates the bank's success in mobilizing low-cost deposits, which is crucial for maintaining healthy net interest margins.

Business Momentum and Market Position

With total business reaching ₹1,150.92 billion, representing a 17.37% annual growth, the bank has demonstrated balanced expansion across all segments. The provisional figures, subject to audit by statutory central auditors, reflect the bank's strengthened market position and operational efficiency in the competitive banking sector.

Historical Stock Returns for Tamilnad Mercantile Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.69%+5.39%+3.21%+51.16%+56.97%+28.96%

How will Tamilnad Mercantile Bank's aggressive 20.32% advances growth impact its asset quality and NPL ratios in the coming quarters?

What strategic initiatives is the bank planning to sustain its exceptional 22.35% CASA growth amid increasing competition from digital banks?

Will the bank's rapid business expansion of 17.37% require additional capital raising or affect its capital adequacy ratios?

Tamilnad Mercantile Bank
View Company Insights
View All News
like19
dislike

More News on Tamilnad Mercantile Bank

1 Year Returns:+56.97%