Twentyfirst Century Management Services Ltd has scheduled its 40th Annual General Meeting for 3 Sep 2026 at 4:00 p.m. via video conferencing. The meeting will be held to transact ordinary and special business, including the adoption of financial statements for the financial year ended 31st March 2026.

The board has approved the Integrated Annual Report and the Notice of the AGM. Shareholders will consider the adoption of the standalone and consolidated financial statements for FY 2025-26, along with the reports of the Board of Directors, Secretarial Audit Report, and Auditor’s Report.

The Register of Members and Share Transfer books will remain closed from 28 Aug 2026 to 3 Sep 2026, both days inclusive, for the purpose of the AGM. The company has appointed Mrs. Swetha Subramanian of M/s Lakshmmi Subramanian & Associates as the Scrutinizer for conducting the remote e-voting and the voting process at the AGM.

The special business includes seeking shareholder approval for related party transactions. The board has recommended approval for transactions with related parties such as SI Investments and Broking Private Limited, Lubricants & Allied Products Mfg. Co. Pvt. Ltd., and Twentyfirst Century Shares and Securities Limited for the financial year 2026-27.

The e-voting period commences on 31 Aug 2026 and ends on 2 Sep 2026. The cut-off date for determining shareholder eligibility for e-voting is 27 Aug 2026.

Twentyfirst Century Management Services Limited will convene a board meeting on July 23, 2026, to deliberate on executive remuneration and approve the notice for its 40th Annual General Meeting (AGM). The meeting, scheduled for 4.00 p.m. via Zoom Video Conferencing, will address the continuance and revision of pay for senior leadership, alongside finalizing the book closure dates for the upcoming AGM.

The board proposes to continue the payment of remuneration to Shri Sundar Iyer, Wholetime Director and Chief Executive Officer, at Rs. 60 lacs per annum for a further period of three years effective from April 1, 2026. Additionally, the directors will consider an increase in the remuneration for Mr. Karthik Iyer, Managing Director, raising it from Rs. 30 lacs per annum to Rs. 60 lacs per annum for a three-year term commencing on the same date.

Agenda items include the approval of the notice for the 40th AGM, which is slated to be held on September 3, 2026, along with the Annual Report for the financial year 2025-26. The board will also finalize the book closure of the Register of Members from August 28, 2026, to September 3, 2026, both days inclusive, to determine shareholder eligibility for the meeting.

In procedural matters, the board will appoint Ms. Swetha Subramanian, Senior Partner of M/s. Lakshmmi Subramanian, Practicing Company Secretaries, Chennai, as the Scrutinizer for E-Voting purposes during the 40th AGM. The meeting will also cover any other matters with the approval of the Chairman.

Key Agenda Items