Company History - 21st Century Management
1986 - The Company was incorporated in March mainly for undertaking
Computer related activity and to cater to inhouse
The company was promoted by Sunder Iyer, J. Chandramouli and
- The Company is engaged in the business of computer related
consultancy services, financial services related activities
merchant banking, etc.
1991 - The Company Undertook to diversify into other financial
and became category III Merchant Banker.
1992 - On 12th August, it was upgraded to category III merchant a
in OTC Exchange and obtained membership of National Stock
Exchange in May 1994 for capital markets.
- The Company got itself upgraded at OTC Exchange from
to Sponsorship in June 1994. The Company has a publication
- 1,00,000 shares issued to promoters, directors etc.
1993 - The Company became a sponsor in the OTC by upgrading itself
dealership to membership. Also became a member of the NSE in
wholesale and debt market.
- In July, a fullfledged Corporate finance department was formed
provide various financial services like leasing, hire
ICDS, bill discounting etc.
1994 - 35,00,000 No. of equity shares issued by promoters, directors
etc. 40,00,000 No. of equity shares of Rs 10 each were
at a premium of Rs 60 per share during February 1995 of which
following were allotted on a firm basis: (i) 10,50,000 shares
promoters, directors etc., (ii) 11,82,000 shares to NRIs/OCBs
repatriation basis, (iii) 9,85,000 shares to Indian Mutual
(iv) 1,33,000 shares to Indian Financial Institution.
- Out of the balance 26,50,000 shares, 7,800 shares issued to
employees (only 6,200 shares taken up). Balance 26,42,200
along with 1,600 shares not taken up by employees issued to
-The Company Recommended a dividend @ 9%.
-The Company has recommended final dividend of 9% (Re 0.90 per
share), in addition to the interim dividend of 12% (Rs 1.20 per
-The Company designated Email ID of the grievance redressal division
is exclusively for the purpose of registering complaints by
-Twentyfirst Century Management Services change of Registered office
from 158, I Floor Eldams Road, Alwarpet, Chennai- 600018 to 67, Door
No. G-3, Eldams Road, Alwarpet, Chennai - 600018.