Twentyfirst Century Management Services Limited reported a net loss of ₹22.05 crore for the financial year ended March 31, 2026, widening from a loss of ₹0.10 crore in the previous year. The company’s total comprehensive loss for the period stood at ₹26.71 crore, compared to a loss of ₹10.38 crore in FY25.

The company’s revenue from operations was negative at ₹19.75 crore, primarily due to losses from capital market operations. Other income for the year stood at ₹0.07 crore. The total expenses for the year were ₹23.07 crore. The paid-up equity share capital remained unchanged at ₹10.50 crore.

Financial Performance

The standalone financial results for the year highlight the volatility in the company’s core trading and investment activities. The profit before tax was a loss of ₹21.98 crore. The company did not declare any dividend for the financial year 2025-26.

Board Proposals and AGM

The Board of Directors has recommended the re-appointment of Shri Sundar Iyer, who retires by rotation at the upcoming Annual General Meeting (AGM). The AGM is scheduled to be held on September 3, 2026, through video conferencing.

Shareholders will vote on a special resolution to revise the remuneration of Mr. Karthik Sundar Iyer, Managing Director, increasing it from ₹30 lacs per annum to ₹60 lacs per annum effective from April 1, 2026. Another resolution seeks approval for the continuation of remuneration payable to Shri Sundar Iyer, Whole-time Director & CEO, at ₹60 lacs per annum.

Related Party Transactions

The company has sought shareholder approval for related party transactions for the financial year 2026-27. These include brokerage services, business center charges, and interest-free short-term loans from directors and its subsidiary, Twentyfirst Century Shares and Securities Limited.

The statutory auditors, M/s Shankar & Kishor, have issued an unmodified opinion on the company’s internal financial controls over financial reporting.

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