Tamilnad Mercantile Bank Limited — Others, 10-01-2025: Issue of Duplicate Share Certificate

Tamilnad Mercantile Bank has issued duplicate share certificates for shareholders Jagannadhan V.P. and Gabriel A. due to the original certificates being reported lost. Jagannadhan received 1,000 shares under a new certificate numbered 43653, while Gabriel was issued certificates totaling 2,000 shares with numbers 43654 and a separate one for 1,000 shares, both on completion of standard procedures. This move enhances shareholder confidence by ensuring ownership continuity. Investors may view this as a neutral impact, focusing on the efficiency of the bank's administrative processes rather than immediate financial implications.