TMB

- Tamilnad Mercantile Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR) effective from November 7, 2026. - Overnight and One Month MCLR increased by 5 bps to 7.75%. - Three Month MCLR increased by 5 bps to 8.45%. - Six Month MCLR increased by 5 bps to 9.00%. - One Year MCLR increased by 10 bps to 9.45%.

- Tamilnad Mercantile Bank Limited has informed the Exchange regarding the allotment of 2,364 equity shares. - The allotment is part of routine corporate action.

- Clarified that ₹304.24 crore provisioned towards estimated ECL requirement of ₹385 crore represents proactive provisioning, not a regulatory shortfall. - The ECL framework is applicable only from April 1, 2027, with phased implementation allowed. - Bank has voluntarily recognized ~80% of estimated requirements ahead of regulatory timelines to strengthen balance sheet preparedness.

Management Guidance & Outlook - Revised FY27 guidance upwards: deposit growth projected at 20%+ (vs 18%+ earlier) and advances growth at 22%+. - Net Interest Margin (NIM) guided at 4.10% (+/- 5 bps) for the second half of FY27. - Cost-to-income ratio guided to remain comfortably below 44% despite branch expansion and IT investments. - Long-term objective is to maintain sustainable growth exceeding industry rate by 4% to 5%. Financial & Operating Performance - Total business increased 27.25% YoY to ₹1,30,237 Cr, driven by 29.32% YoY growth in advances (₹60,691 Cr) and 25.49% YoY in deposits (₹69,546 Cr). - Delivered highest-ever quarterly net profit of ₹451 Cr, rising 42.09% YoY. - Q2 NIM stood at 4.19% (up 36 bps YoY), while yield on advances improved to 10.32% and cost of funds stood at 5.93%. Asset Quality & Balance Sheet Resilience - GNPA reduced to 0.61% and NNPA at 0.14%, with credit cost contained at 9 bps. - Fully provided for SMA 1 & 2 as per ECL norms; total existing provisions cover ~80% of anticipated ECL impact (₹304.24 Cr covered vs ₹385 Cr estimated). - Gold loan portfolio LTV remains safe at 62.35%, capable of absorbing up to a 20% correction in gold prices. Expansion - On track to open 60 branches during the fiscal year, with 20+ branches planned outside Tamil Nadu.

- Tamilnad Mercantile Bank Limited has been honored with prestigious awards at the Oracle Excellence Awards 2026 held at Oracle AI World, Las Vegas. - The bank won the Global Winner award for Customer Experience Excellence. - The bank also won the Global Winner award for Employee Experience Excellence.

- Q2 FY27 Net Profit rose 42.09% YoY to ₹451 Cr vs ₹318 Cr. - Net Interest Income (NII) increased 35.17% YoY to ₹807 Cr. - Total Advances grew 29.32% YoY to ₹60,691 Cr; Deposits rose 25.49% YoY to ₹69,546 Cr. - Asset quality improved with GNPA at 0.61% and NNPA at 0.14%.

- Audio recording of the Investor & Analyst meet held on October 26, 2026, has been made available on the Bank's website. - The conference call pertained to the Unaudited Financial Results for Q2 and H1 ended September 30, 2026.

- Net Profit grew 42.09% YoY to ₹451 Cr in Q2FY27. - Net Interest Income rose 35.17% YoY to ₹807 Cr; NIM stood at 4.19%. - Total Business expanded 27.25% YoY to ₹1,30,237 Cr with Deposits up 25.49%. - Asset quality improved: Gross NPA at 0.61%, Net NPA at 0.14%.

- Q2 FY27 Total Income at ₹2,052.40 Cr vs ₹1,621.46 Cr (▲26.6% YoY) - Operating Profit increased to ₹641.55 Cr vs ₹452.43 Cr (▲41.8% YoY) - Net Profit (PAT) rose to ₹451.14 Cr vs ₹317.51 Cr (▲42.1% YoY) - Gross NPA improved to 0.61% vs 1.01% YoY; Net NPA declined to 0.14% vs 0.26%

- Tamilnad Mercantile Bank Limited has informed about the opening of a new branch. - Branch Name: Kadambur - Address: Railway station road, Kadambur, Kovilpatti Tk, Thoothukudi District, Tamilnadu - 628 714 - Date of Opening: 12.10.2026

Concall Schedule Concall Date: Monday, October 26, 2026 Concall Time: 05:00 P.M. (IST)

- Tamilnad Mercantile Bank Limited has announced a revision in its Repo Linked Lending Rate (RLLR). - The RLLR is revised from 8.25% to 8.50%. - The new lending rate is effective from October 8, 2026.

- India Ratings & Research has assigned an Issuer Rating of 'IND AA-' with a Stable outlook to Tamilnad Mercantile Bank Limited. - The rating is supported by improving profitability buffers, strong capital adequacy (CET1 ratio at 31.3% in 1QFY27), a stable and granular retail deposit franchise, and improving asset quality with declining GNPAs. - Key constraints include a modest loan book size relative to peers, high geographic concentration in Tamil Nadu, and ongoing legacy share transfer disputes.

- RBI extended the tenure of Thiru.C.S.Ram Kumar as Additional Director for two years from October 04, 2026 to October 03, 2028. - RBI appointed Thiru.R.Kannan as Additional Director for two years from October 04, 2026 to October 03, 2028, replacing Thiru.Visvanathan Srinivasan. - Thiru.Visvanathan Srinivasan ceases to be a Director with effect from October 04, 2026.

- Tamilnad Mercantile Bank reported provisional business figures for the quarter ended 30th September, 2026. - Total Business grew by 27.27% YoY to ₹1,30,261 Cr compared to ₹1,02,351 Cr in Q2 FY26. - Total Advances increased by 29.37% YoY to ₹60,715 Cr. - Total Deposits rose by 25.49% YoY to ₹69,546 Cr. - CASA deposits stood at ₹17,629 Cr, marking a 16.26% YoY growth.

- Tamilnad Mercantile Bank Limited has announced the opening of two new branches. - Chinnampalayam branch in Coimbatore District, Tamilnadu, scheduled to open on 30.09.2026. - Vellalore branch in Coimbatore District, Tamilnadu.

- Trading window for Tamilnad Mercantile Bank Limited's designated persons closes from October 01, 2026. - Closure is until 48 hours post announcement of unaudited financial results for the quarter and half year ending September 30, 2026.

- Investor Meet Schedule - Meet Date: September 24, 2026 - Meet Time: 10:30 A.M. – 11:30 A.M. - Participant: Rainier Fund (One to One, Virtual)

- Concall Schedule - Concall Date: September 18, 2026 - Concall Time: 11:30 A.M. – 12:30 P.M.

- Concall Schedule - Concall Date: September 29, 2026 - Concall Time: 12:00 Noon - Conference Name: Arihant Bharat Connect Conference Rising Star - Type of Interaction: Group Meet - Mode of Meeting: Virtual

- Tamilnad Mercantile Bank is opening a new branch at Thiruvottiyur, Tamilnadu. - The new branch will commence operations on August 27, 2026.