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Shareholding Pattern: Shareholding Pattern Tamilnad Mercantile Bank FY(Q1-Jun 2024-2025)

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Tamilnad Mercantile Bank has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
Shareholder Name Previous Quater Quantity(In Crores) Current Quater Quantity(In Crores) Previous Quater Shares(in %) Current Quater Shares(in %) Quater to Quater Difference
Promoters 0.00 0.00 0 0 0
Public 15.84 15.84 93.36 93.16 -0.2 %
DII 0.50 0.50 3.19 3.17 -0.02 %
FII 0.55 0.58 3.45 3.67 +0.22 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 0% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 93.36% in March 2024 to 93.16% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 3.19% in March 2024 to 3.17% in June 2024 , indicating that domestic institutions reduced their -0.02 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.45% in March 2024 to 3.67% in June 2024. This suggests that foreign institutions grew their investments 0.22 in the company during the quarter.

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Directors and their relatives (excluding independent directors and nominee directors) 0.460 0.480 2.9 3.03 + 0.13 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 2.850 2.868 18 18.11 + 0.11 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 6.581 6.577 41.56 41.54 -0.02 %
Non Resident Indians (NRIs) 0.235 0.245 1.48 1.55 + 0.07 %
Bodies Corporate 0.782 0.665 4.94 4.2 -0.74 %
Any Other (specify) 3.685 3.724 23.27 23.52 + 0.25 %
Clearing Members 0.000 0.001 0 0.01 + 0.01 %
HUF 0.106 0.146 0.67 0.92 + 0.25 %
Trusts 0.006 0.004 0.04 0.03 -0.01 %
Chandramogan Rg 0.158 0 1 0 -1%
Leading the way to higher stakeholding, Directors and their relatives (excluding independent directors and nominee directors) has significantly boosted stakeholding by an impressive 0.13 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.11 %.Observations show a significant difference of -0.02 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.74 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.25 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.25 %.Observations show a significant difference of -0.01 % in Trusts’s financial performance between quarters.Chandramogan Rg had 1% of shares in the previous quarter but exited in the current quarter.
Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Mutual Funds/ 0.024 0.029 0.15 0.18 + 0.03 %
Insurance Companies 0.389 0.381 2.46 2.41 -0.05 %
Bajaj Allianz Life Insurance Company Ltd. 0.217 0.208 1.37 1.32 -0.05 %
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.03 % in their shares.Insurance Companies decreased their stake from 2.41% in the previous quarter to 2.46% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.Bajaj Allianz Life Insurance Company Ltd. decreased their stake from 1.32% in the previous quarter to 1.37% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.
Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I 0.525 0.556 3.31 3.51 + 0.2 %
Foreign Portfolio Investors Category II 0.022 0.025 0.14 0.16 + 0.02 %
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.2 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.02 % .
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