Company Profile

Twenty First Century Management Services (TCMS) Limited was incorporated in 1986. The company came out with a public issue at a premium of Rs 50, aggregating Rs 15.85 cr, in 1995, to increase investment banking operations and to improve infrastructural facilities, at a total cost of Rs 72.65 cr. Its area of business includes capital market, equity research, merchant banking, corporate finance, etc. Its clients are Alpic Finance, RPG Telecom, Kakatiya Textiles, etc. It entered into an MoU in 1994 with Chemech Laboratories (CLL), Madras, to acquire 2 lac shares of the company. The name of the new company will be Aakash Twenty First Century Securities Private Limited, with R A Ravichandran as the managing director. The company plans to set up an asset management company with foreign collaboration.

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