Postal Ballot Notice to the members of Tamilnad Mercantile Bank

Notice of Postal Ballot:

Voting Starts on: Tuesday, February 11, 2025 at 9.00 A.M.(IST)

Voting Ends on: Wednesday, March 12, 2025 at 5.00 P.M. (IST)

This is to inform all shareholders that a resolution is proposed to be passed by the equity shareholders of the company through postal ballot only by way of a remote e-voting process. Instructions for remote e-voting will be sent through electronic mode to those members whose email addresses are registered with the registrar and transfer agent.

Description of the Resolution:

• Approval and adoption of “Tamilnad Mercantile Bank Limited Employee Stock Option Plan 2024”
• Extension of benefits under the “Tamilnad Mercantile Bank Limited Employee Stock Option Plan 2024 [TMB ESOP 2024]” to the Eligible Employees of its subsidiary companies, associate companies and group companies of Tamilnad Mercantile Bank Limited.

Remote e-voting Instructions at glance

The Board of Directors have appointed Thiru.P.Sriram, (Membership No. FCS 4862) (CP No. 3310), Practicing Company Secretary of M/s.SPNP & Associates, to act as the scrutinizer, for conducting the Postal Ballot process in a fair and transparent manner.

The resolutions, if passed by requisite majority by remote e-voting, shall be deemed to have been passed on the last date of e-voting i.e., Wednesday, March 12, 2025. The results of e-voting will be announced on or before Friday, March 14, 2025, and will be displayed on the Bank’s website www.tmb.in under ‘Investors Relations’ section and on the website of the NSDL i.e., www.evoting.nsdl.com. The results will simultaneously be communicated to the Stock Exchanges i.e., BSE Limited and National Stock Exchange of India Limited.