StockWatch
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Private Sector Bank
Business Update27 May 2026, 05:23 pm

Tamilnad Mercantile Bank to Open New Branches

AI Summary

Tamilnad Mercantile Bank Limited has announced the opening of two new branches. One branch will be located in Sembanarkoil, Tamil Nadu, and is scheduled to open on May 29, 2026. The other branch will be located in Bhavnagar, Gujarat. This expansion is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Tamilnad Mercantile Bank is opening new branches.
  • A branch will open in Sembanarkoil, Tamil Nadu on May 29, 2026.
  • Another branch will open in Bhavnagar, Gujarat.
  • The expansion complies with SEBI regulations.