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Tamilnad Mercantile Bank informs about outcome of board meeting

24 Apr 2023 Evaluate
Pursuant to Regulation 30, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tamilnad Mercantile Bank has informed about outcome of Board meeting held today, viz. April 24, 2023. Pursuant to Regulation 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, it enclosed the Audited Standalone Financial Results of the Bank for the quarter and financial year ended March 31, 2023 along with Auditors’ Report issued by the Joint Central Statutory Auditors of the Bank, which were reviewed and recommended by the Audit Committee of the Board and duly approved by the Board of Directors at their respective meetings held today. Further, in terms of Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Auditors have given an unmodified opinion on the Audited Standalone Financial Results for the financial year ended March 31, 2023 and a declaration to that effect is attached. The Board of Directors of the Bank has recommended the payment of final Dividend of Rs 5 per equity share of the face value Rs 10 each (50%) for the financial year 2022-23, subject to the approval of the Shareholders at the ensuing Annual General Meeting 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 above information is a part of company’s filings submitted to BSE.

Tamilnad Mercantile Share Price

779.50 -0.15 (-0.02%)
19-Jun-2026 16:59 View Price Chart
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