
Insider Trading22 Sept 2026, 11:03 am
Tamilnad Mercantile Bank Closes Trading Window for Insiders
AI Summary
Tamilnad Mercantile Bank Limited has announced the closure of its trading window for designated persons and their relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 1, 2026, until 48 hours after the declaration of the bank's unaudited financial results for the quarter and half-year ending September 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is standard practice to prevent potential insider trading before the public release of financial information.
Key Highlights
- Trading window closed for designated persons and relatives.
- Closure effective from October 1, 2026.
- Period extends until 48 hours post financial results announcement.
- Aims to comply with SEBI insider trading regulations.
Price Impact
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