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TMB unlisted shares rally above Rs 1 lakh per share on Bonus bounty, demat shares & IPO plan
Our Coverage in Economic Times Page No. 9 on 13 January 2016
Tamilnad Mercantile bank (TMB) unlisted shares double in less than a month to above Rs 1 lakh per share after board proposes to reward shareholders with 500:1 bonus shares, conversion of shares from physical to demat mode, pre-IPO placement and IPO plans in its upcoming AGM on 29 January 2016.
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