Company CVAbout Tamilnad Mercantile Bank Ltd 
Tamilnad Mercantile Bank Ltd
Mid Cap
Bank - Private
Tamilnad Mercantile Bank Limited was incorporated in the name of `Nadar Bank Limited' on May 11, 1921 at Thoothukudi, Tamil Nadu as a Limited Company under Indian Companies Act, 1913 pursuant to a Certificate of Incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah.
Company Coordinates
No Company Details Available
Capital StructureCapital Structure
Present Equity Capital
INR 158.35 Cr
Number of Shares
15.84 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
12-Sep-2022
15.84
158.35
15840000
10
Public Issue
26-May-2016
14.25
142.51
142227000
10
Bonus Issue
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 3 Schemes (0.0%)
FIIs
Held by 92 FIIs (4.08%)
Promoter with highest holding
None
Highest Public shareholder
Bucket 1 (court Cases) (8.87%)
Individual Investors Holdings
59.59%
Board of Directors
Management
Designation
Remuneration
BALAKRISHNAN PRABAHARAN
Chairman & Independent Directo
19.0 lacs
S Krishnan
Managing Director & CEO
34.3 lacs
Niranjan Sankar Annamalai
Non Executive Director
22.25 lacs
P C G Asok Kumar
Non Executive Director
20.5 lacs
Ashok Shanmugam Rajendran
Non Executive Director
24.0 lacs
Dhanushkodi N Nirranjan Kani
Non Executive Director
23.75 lacs
Chiranjeevi Raj C.
Independent Non Exe. Director
19.5 lacs
Shivavel Ezhil Jothi
Independent Non Exe. Director
17.5 lacs
Balasubramanian Vijayadurai
Independent Non Exe. Director
29.75 lacs
Nagarajan Kandavel
Independent Non Exe. Director
26.0 lacs
B S keshava Murthy
Director
19.0 lacs
Babu Suresh Kumar S.
Nominee (RBI)
16.0 lacs
C S Ram Kumar
Nominee (RBI)
0
S Ravindran
Independent Non Exe. Director
0
Prakash Chandra Panda
Company Secretary
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
No Data Available for Finished Goods Segmentation
No Data Available
Stock DNARevenue and Profits:
Int. Earned:
1,331.02 Cr
(Quarterly Results - Dec 2024)
Net Profit:
300 Cr
Bank - Private
INR 6,663 Cr (Mid Cap)
0.00%
27.88%
1.90%
0.41%
1.32%
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