538942 announcements Mercantile announcements and dividends declared BSE
Mercantile Complete list of announcements declared & dividend announcements by Mercantile 538942
Mercantile 538942 listed on BSE and deals inAnnouncements and dividends declared by Mercantile 538942
Max Life partners with Tamilnad Mercantile Bank to offer life insurance
Through this tie-up, the two firms aim to financially secure the lives of TMB's customers across 500 bank branches by offering a comprehensive suite of savings, protection and retirement plans
Announcement as on 28 November 2022
Tamilnad Mercantile Bank's Q2 net rises 37.15% to Rs 262.3 crore
TMB's NII was up 15.6 per cent YoY in Q2FY23 at Rs 508.16 crore
Announcement as on 27 October 2022
Tamilnad Mercantile Bank Q2 Results: Profit jumps 37% YoY to Rs 262 crore
Gross non-performing assets (NPAs) were reduced to 1.70 per cent of gross advances as of September 30, 2022 from 3.31 per cent by the end of September 2021.
Announcement as on 27 October 2022
RBI lifts ban on new branches by Tamilnad Mercantile Bank
At present, the bank has 509 branches -- 106 rural, 247 semi-urban, 80 urban and 76 in metropolitan
Announcement as on 21 October 2022
RBI lifts ban on new branches of Tamilnad Mercantile Bank
​RBI had placed the ban on TMB in 2019 after the bank's shareholders decided to raise authorized share capital to Rs 500 crore. The central bank objected to the bank not raising its subscribed capital to at least half of the authorized capital as require
Announcement as on 21 October 2022
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538942 Mercantile current price & indicator signals
Recent prices of 538942 Mercantile are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 18 Thu Dec 2025 | 24.04 | 24.00 to 24.70 | 0.25% | 0.16 times |
| 17 Wed Dec 2025 | 23.98 | 23.55 to 24.75 | -2.08% | 0.54 times |
| 16 Tue Dec 2025 | 24.49 | 23.47 to 24.99 | 2.94% | 1.27 times |
| 15 Mon Dec 2025 | 23.79 | 23.65 to 24.48 | 2.99% | 1.95 times |
| 12 Fri Dec 2025 | 23.10 | 22.80 to 23.80 | 1.76% | 1.29 times |
| 11 Thu Dec 2025 | 22.70 | 22.25 to 23.00 | -0.18% | 0.22 times |
| 10 Wed Dec 2025 | 22.74 | 22.20 to 23.00 | -0.39% | 0.74 times |
| 09 Tue Dec 2025 | 22.83 | 21.25 to 22.95 | 3.4% | 1.7 times |
| 08 Mon Dec 2025 | 22.08 | 22.01 to 23.35 | -3.16% | 0.9 times |
| 05 Fri Dec 2025 | 22.80 | 22.25 to 24.55 | -1.3% | 1.15 times |
| 04 Thu Dec 2025 | 23.10 | 23.00 to 23.21 | -0.47% | 0.23 times |
| 03 Wed Dec 2025 | 23.21 | 22.80 to 24.00 | -3.09% | 0.53 times |
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