Mobile Nav

Market

NOTES TO ACCOUNTS

Twentyfirst Century Management Services Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 12.92 Cr. P/BV 0.26 Book Value (₹) 47.71
52 Week High/Low (₹) 33/12 FV/ML 10/1 P/E(X) 0.00
Bookclosure 15/07/2019 EPS (₹) 0.00 Div Yield (%) 0.00
Year End :2019-03 

1. Details of Shareholders holding more than 5% shares in the company.

2. Related party disclosures as required under IND AS-24 (Related Party Disclosures) Related party and their relationship

Related party__Relationship_

Twentyfirst Century Shares & Securities Ltd. Wholly owned Subsidiary Company_

Sundar Iyer__Chairman_

Krishnan Muthukumar__Director_

Iyer Vishwanath__Independent director_

S. Hariharan__Independent director_

Dipti Sakpal__Independent director_

Vanaja Sundar Iyer__Relative of Director_

Siddharth Sundar Iyer__Relative of Director_

Karthik Iyer__Relative of Director_

Shridhar Iyer__Relative of Director_

AVM Sundaram__Company Secretary_

Bhaskar Shetty__CFO_

Twentyfirst Century Money Growth Fund Ltd. Company in which Director's are interested_

Twentyfirst Century Realty Ltd.__Company in which Director’s are interested_

SI Investments & Broking Pvt Ltd__Company in which Director’s relatives are interested

Lubricants & Allied Products Mfg. Co. Pvt. Company in which Director’s are interested

Ltd__

Palani Andavar Holding Pvt Ltd__Company in which Director’s are interested_

3. The Company has not provided income tax liability of Rs. 522.26 lacs for various Assessment years that may arise in respect of income tax matters pending in appeal. It is not practicable to estimate the timing of cash outflows in respect of this matter. However, the company has been advised that it has fair chance of winning the appeal.

4. Under the Micro, Small and Medium Enterprises Development Act, 2006 which came into force from October, 2 2006, certain disclosure are required to be made relating to Micro, Small & Medium Enterprises. There have been no reported cases of delays in payments to Micro and Small Enterprises or of interest payments due to delays in such payments.

5. The Company had made contingency provision in F.Y. 2014-15 of Rs. 75 lacs towards estimated settlement cost of Rs.75 lacs payable to Gujarat Industrial Investment Corporation for pending legal cases in the High Court of Chennai. According to the Management estimates sufficient provision has been made for on review and doesn't require any additional provision for the contingency.

6. Equity Investment in Wholly Owned Subsidiary, Twenty-first Century Shares & Securities Ltd, requires impairment of investments due to negative Net-Worth of the Subsidiary Company. As per the Management estimates, since the erosion in the Net-Worth of the Subsidiary Company is temporary in nature, it is not impaired.

7. Previous year figures have been rearranged and regrouped wherever necessary to facilitate the comparison

Attention Investors :
Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .......... Issued in the interest of investors
Attention Investors :
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day......................issued in the interest of investors.
Attention Investors :
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors :
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
“Investment in securities market are subject to market risks, read all the related documents carefully before investing”.