Order passed by the Appellate Tribunal under SAFEMA, New Delhi
As filed · Tamilnad Mercantile Bank Limited has informed the Exchange about the order passed by the Appellate Tribunal under SAFEMA, New Delhi
What happened
FactTamilnad Mercantile Bank Limited has informed the Exchange about the order passed by the Appellate Tribunal under SAFEMA, New Delhi. Regulations, 2015 – Order received from Appellate Tribunal under SAFEMA, New Delhi. before the Appellate Tribunal under SAFEMA, New Delhi claiming confiscation of 46,862 shares transferred in the.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedROA for the year was 1.93%, with Q4 ROA at 2.05% — among the highest among peer group.
That's the reason why we see the yield moving up to 10.54%, and which is also impacting, like I said, the net interest margin.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- We had said that CASA growth will be 17% to 18%. Certainly, we will stand by that in the, say, the next quarte (management committed by FY27)
- Added to that to support the growth, we would certainly will be looking at CGTMSE, MSME as a hybrid, particula (management committed by FY27)
Evidence
- Tamilnad Mercantile Bank Limited has informed the Exchange about the order passed by the Appellate Tribunal under SAFEMA, New Delhi(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%