Tamilnad Mercantile Bank Limited — Others, 21-02-2025: Loss of Share Certificates

Tamilnad Mercantile Bank has reported the loss of share certificates from several shareholders, totaling 4,502 shares. The affected shareholders include Radha K. (1 and 500 shares), Pothiraju S. (2,500 shares), Subramanian V. (501 shares), and Kanagarajan D. (1,000 shares). The bank will consider claims for duplicate certificates upon receipt of necessary documentation from the shareholders, ensuring all processes are properly followed. This situation may invoke a neutral impact on investor sentiment, but it highlights the importance of careful management of share ownership records.