TwentyFirst Century reports widened net loss in FY26

TwentyFirst Century Management Services Limited reported a widened net loss for the financial year ended March 31, 2026, primarily due to fluctuations in its capital market operations. The company's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.

Financial Performance

For the full year FY26, the standalone net loss widened to ₹2204.91 lakh compared to a loss of ₹9.90 lakh in the previous year. Total revenue stood at a negative ₹1967.51 lakh, reflecting the company's engagement in trading and investments in equity shares which are subject to market fluctuations. On a consolidated basis, the net loss for FY26 was ₹2404.74 lakh against a profit of ₹1233.77 lakh in the prior year.

The following table summarizes the standalone financial performance for the year:

Particulars	Year ended March 31, 2026 (₹ in lakhs)	Year ended March 31, 2025 (₹ in lakhs)
Total Revenue	(1967.51)	634.92
Total Expenses	230.72	255.20
Profit/(Loss) for the period	(2204.91)	(9.90)
Earnings Per Share (Basic)	(21.00)	(0.09)

Auditor's Report and Compliance

M/s Shankar & Kishor, Chartered Accountants (Firm Registration No. 112451W), the Statutory Auditors of the company, issued an audit report with an unmodified opinion on both the standalone and consolidated financial results. The auditors confirmed that the financial results present a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (Ind AS).

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the results to the exchanges. The trading window for dealing in the company's equity shares, which was closed from April 1, 2026, will reopen 48 hours after the results were approved and announced on May 27, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.47%	-4.81%	-5.25%	-23.74%	-51.15%	+94.84%

Practising Company Secretaries firm Lakshmi Subramanian & Associates has submitted the secretarial compliance report for TwentyFirst Century Management Services Limited covering the financial year ended 31st March 2026. The report, signed by Partner S. Vasudevan (FCS No: 9495, CP No: 27636, Peer Review No: 6608/2025, UDIN: F009495H000380558) and dated 16th May 2026 from Chennai, examined the company's adherence to applicable SEBI regulations, circulars, and guidelines during the review period.

Non-Compliances Identified for FY26

The report identified two specific deviations from SEBI regulatory requirements during the review period. Both instances carried a fine amount of NIL, indicating no monetary penalty was levied. The details are summarised below:

Compliance Requirement:	Details
Deviation 1 – QR Code Omission:	QR Code was not published in the newspaper advertisement for financial results in terms of Regulation 47(1) of the SEBI (LODR) Regulations, 2015, read with FAQ dated 23rd April 2025.
Applicable Regulation:	Regulation 47(1) of SEBI (LODR) Regulations, 2015
Fine Amount:	NIL
Deviation 2 – BSE Filing Path Non-Compliance:	Outcome of the Board Meeting along with Financial Results in PDF mode were not submitted on both prescribed BSE Listing Centre paths as required under the BSE Notice dated 2nd April 2025.
Applicable Circular:	BSE Notice dated 2nd April 2025
Fine Amount:	NIL

Regulation 47(1) of SEBI (LODR) Regulations, 2015 requires a listed entity to publish a newspaper advertisement within forty-eight hours of the conclusion of the board meeting at which financial results are approved. The advertisement must contain a Quick Response (QR) code and details of the webpage hosting the complete financial results. The company's failure to include the QR Code in the relevant newspaper advertisement constitutes the first reported deviation.

The second deviation pertains to the BSE Notice dated 2nd April 2025, which mandates that the Outcome of the Board Meeting along with Financial Results in PDF mode be submitted within prescribed timelines of 30 minutes or 3 hours, as applicable, through two specific paths on the BSE Listing Centre under Listing Compliance → Corporate Announcement. The company did not submit the requisite documents on both paths as required.

Remediation of Prior-Year Non-Compliance

The report also reviewed actions taken against observations raised in the secretarial compliance report for the year ended 31st March 2025. The prior-year report had flagged that the yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 had not been submitted to the stock exchanges within the prescribed timeline. The company has since addressed this gap, with the Practising Company Secretary confirming compliance for Financial Year 2025-26.

Prior-Year Observation:	Details
Regulation:	Regulation 31(4) & 31(5) of SEBI (SAST) Regulations, 2011
Violation:	Declaration not made within seven working days from the end of each financial year
Remedial Action:	Complied for Financial Year 2025-26
PCS Comments:	Nil

Overall Compliance Status

Beyond the specific deviations, the report assessed the company's compliance across several key parameters. The following table presents the compliance status as reported:

Compliance Parameter:	Status	Observations
Secretarial Standards (ICSI)	Yes	Nil
Adoption and updation of Policies	Yes, partly complied	RPT Policy reviewed but not timely updated as per SEBI regulations/circulars/guidelines
Website Maintenance and Disclosures	Yes, partly complied	A few information are yet to be updated on the website; web-links under Regulation 27(2) do not accurately redirect
Disqualification of Directors	Yes	Nil
Identification of Material Subsidiary	Yes – Twentyfirst Century Shares and Securities Limited	Nil
Preservation of Documents	Yes	Nil
Performance Evaluation	Yes	Nil
Related Party Transactions – Audit Committee Approval	Yes	Nil
Disclosure of Events or Information (Regulation 30)	Yes	Nil
Actions by SEBI or Stock Exchanges	Yes	Nil
Resignation of Statutory Auditors	NA	No resignation of statutory auditors during the review period for the listed entity and its subsidiaries
Additional Non-Compliances	No	Nil

The report noted partial compliance in two areas: the timely updation of the Related Party Transaction (RPT) Policy and the maintenance of accurate web-links on the company's website under Regulation 27(2) of SEBI (LODR) Regulations, 2015. No actions were taken against the listed entity, its promoters, directors, or subsidiaries by SEBI or stock exchanges during the review period. The report was prepared under Regulation 24A(2) of the SEBI (LODR) Regulations, 2015 and is limited in scope to compliance examination, not constituting an audit or expression of opinion on the financial records of the company.