Tamilnad Mercantile Bank Limited announced that its Board of Directors in their meeting held on March 28, 2024, considered the recommendation of the Nomination and Remuneration Committee of the Board and approved the appointment of Shri.Swapnil Yelgaonkar as the Compliance Officer of the Bank, in place of Shri. Prakash Chandra Panda, under Regulation 6(1) of the Listing Regulations, with effect from March 28, 2024. Shri.

Swapnil Yelgaonkar is an Associate member of the Institute of Company Secretaries of India and a Law Graduate. He has over 16 years of experience in dealing with Secretarial Compliances of Listed and Unlisted Companies.