Dividend5 Jun 2026, 07:11 pm
Tamilnad Mercantile Bank Sets Dividend Record Date for June 12
AI Summary
Tamilnad Mercantile Bank Ltd announced that the record date for its proposed dividend for FY 2025-26 has been set as June 12, 2026. The dividend, if approved by shareholders at the 104th Annual General Meeting (AGM) on July 14, 2026, will be paid by August 13, 2026. The bank also informed about the promotion of T. Arunmolian to Vice President and Head of Legal, effective June 1, 2026. The AGM will be conducted via video conferencing.
Key Highlights
- Record date for dividend set as June 12, 2026.
- 104th AGM scheduled for July 14, 2026, via video conference.
- Dividend payment expected by August 13, 2026, if approved.
- T. Arunmolian promoted to Vice President and Head of Legal.
Price Impact
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