Tamilnad Mercantile Bank Approves Re-appointment of Director C. Chiranjeeviraj for Second Term
Tamilnad Mercantile Bank Ltd announced that its shareholders approved the re-appointment of Thiru.C.Chiranjeeviraj as a Non-Executive Independent Director at the 104th Annual General Meeting held on July 14, 2026.The re-appointment grants Thiru.C.Chiranjeeviraj his second term as the director. The appointment is set to last for two years and three months, with effect beginning from July 16, 2026, and ending on October 15, 2028 (both days inclusive).
The Bank confirmed that Thiru.C.Chiranjeeviraj maintains no relationship with any of the Directors or Key Managerial Personnel of the institution. Furthermore, it was established that he is not debarred from holding the office of Director by virtue of any SEBI order or other authority.
Details regarding the director's background and the appointment terms are summarized below:
| Particulars | Details |
|---|---|
| Director Name | Thiru.C.Chiranjeeviraj (DIN: 08730382) |
| Role | Non-Executive Independent Director |
| Re-appointment Date | July 14, 2026 |
| Term Duration | Second term of two years and three months |
| Appointment Period | July 16, 2026, to October 15, 2028 |
Thiru.C.Chiranjeeviraj possesses a background as a Chartered Accountant, practicing since 2005. His professional experience covers Auditing, Accounting, Taxation, and Finance sectors.
TMB Stock Price Movement
Tamilnad Mercantile Bank Limited shares are shedding value in live trading, dipping by 2.55% as of 2:43 PM and currently standing at ₹780.65. The stock is witnessing active trading today, with a volume of 77,047 shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.