Action(s) taken or orders passed

Secretarial Section Head Office, 57- V.E. Road, Thoothukudi – 628 002. ☏: 0461-2325136 e-mail : secretarial@tmbank.in CIN: L65110TN1921PLC001908 Ref.No.TMB.SE.51/2026-27 16.07.2026 The Manager, The Manager, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 'G' Block, Bandra - Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 051. Mumbai – 400 001. Ref: Symbol: TMB / Scrip Code: 543596 Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order received from Appellate Tribunal under SAFEMA, New Delhi We inform that our Bank and the then Directors / Company Secretaries had preferred an appeal before the Appellate Tribunal under SAFEMA, New Delhi against the Order dated 14.08.2020 passed by the Special Director, Directorate of Enforcement, Government of India. After hearing the appeals, the Tribunal passed Orders on 09.07.2026 reducing the penalty amount, a copy of which has been received today, i.e., 16.07.2026. The requisite disclosure as required as per the requirements of Regulation 30 read with Schedule Ill - Para A (20) of Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as applicable) and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided in “Annexure – A”. Kindly take the information on record. Yours faithfully, For Tamilnad Mercantile Bank Limited Swapnil Yelgaonkar Company Secretary and Compliance Officer Secretarial Section Head Office, 57- V.E. Road, Thoothukudi – 628 002. ☏: 0461-2325136 e-mail : secretarial@tmbank.in CIN: L65110TN1921PLC001908 Annexure – A Information as required under Regulation 30 - Para A (20) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 S.No. Particulars Description 1. Name of the authority Appellate Tribunal under SAFEMA, New Delhi With regard to the Show Cause dated 17.12.2014 issued by the Directorate of Enforcement, the Special Director had adjudicated and passed order dated 14.08.2020 imposing penalty on the Bank and its then Directors / Company Secretaries. Aggrieved over the said order, our Bank and others had preferred appeals before the Appellate Tribunal under SAFEMA, New Nature and details of the action(s) taken, 2. Delhi. After hearing the appeals, the Tribunal passed initiated or order(s) passed Orders on 09.07.2026, reducing the penalty amount imposed by the Special Director, Adjudicating Authority. As such the penalty amount of Rs.17.00 crores imposed on the Bank has been reduced to Rs.3.40 crores. The penalty imposed on the then Directors / Company Secretaries has also been reduced substantially. Date of receipt of direction or order, including 3. any ad-interim or interim orders, or any other July 16, 2026 communication from the authority Details of the violation(s) / contravention(s) Contravention of FEMA Regulations in recording the committed or alleged to be committed transfer of shares. Our Bank had already deposited the total penalty amount of Rs.17.00 crores with the Directorate of Enforcement, at the time of filing appeal. Now, the Impact on financial, operation or other excess amount of Rs.13.60 crores is liable to be 5. activities of the listed entity, quantifiable in refunded to the Bank. monetary terms to the extent possible. The Bank is examining the order issued by the Appellate Tribunal and appropriate steps will be taken in due course, if necessary.