Twentyfirst Century

Twenty First Century Management Serv is a listed company engaged in investments in Capital Market and Futures & Options segment. The company has a wholly owned subsidiary, Twentyfirst Century Shares & Securities Limited which is also engaged in investment activities like Capital Market and Futures & Options segment. The shares of the Company are listed on National Stock Exchange and Bombay Stock Exchange. Twenty First Century Management Services (TCMS) was incorporated in March, 1986. The Company is promoted by chairman Sundar Iyer, J Chandra Mouli and E Y Rangoonwala. TCMS's Group Companies include Sunder Iyer, Twenty First Century Money Growth Fund, Goa Agro Oils, Mauli & Company. The Company came out with a public issue at a premium of Rs 50, aggregating Rs 15.85 cr, in Feb.'95, to increase investment banking operations and to improve infrastructural facilities, at a total cost of Rs 72.65 cr. TCMS's area of business includes capital market, equity research, merchant banking, corporate finance, etc. The company's subsidiary is Twenty First Century Shares and Securities. TCMS got into an MoU on 18 Nov.'94 with Chemech Laboratories (CLL), Madras, to acquire 2 lac shares of the company.