Tamilnad Mercantile Bank Ltd recommends final dividend of Rs. 5

The Board of Directors of Tamilnad Mercantile Bank Ltd has recommended the payment of final Dividend of ₹5/- per equity share of the face value ₹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.

Shares of Tamilnad Mercantile Bank Limited was last trading in BSE at Rs. 404.00 as compared to the previous close of Rs. 405.55. The total number of shares traded during the day was 7766 in over 962 trades.

The stock hit an intraday high of Rs. 407.00 and intraday low of 400.60. The net turnover during the day was Rs. 3130966.00.

Source : Equity Bulls

Keywords

TamilnadMercantileBank INE668A01016 TMB PrivateBank FinalDividend FY2023