Tamilnad Mercantile Bank Limited — Others, 20-02-2025: Loss of Share Certificates

Tamilnad Mercantile Bank has informed about the loss of share certificates by several shareholders, leading to requests for duplicate certificates through their Registrar and Share Transfer Agent. Key shareholders affected include Lakshmi Prabha (50 shares), Arul Joseph (1,000 shares), Seenithurai Nadar (2 shares), and Hariharan (500 shares). The issuance of duplicates will proceed subject to compliance with necessary documentation and regulatory formalities.

This update underscores the operational management of shareholder records and may create temporary uncertainty among investors regarding share ownership verification. However, the prompt action taken to resolve certificate loss reflects positively on the company's governance.