Thursday, January 3, 2008

Twentyfirst Century - Outcome Of Board Meeting

Twentyfirst Century Management Services Ltd has informed that the Board of Directors of the Company at its meeting held on January 02, 2008, has inducted Mr. S P Tulsian, an eminent investment advisor, on its Board, as Director with immediate effect.

Mr. S P Tulsian would be assisting the Company in developing retail brokerage, institutional brokerage, wealth management including portfolio management and investment advisory services.

The Company has also agreed to take a 33.33% (being one third) stake, initially, in an investment advisory portal www.premiuminvestments.in, with a link of www.sptulsion.com, owned and run by Mr. S P Tulsian as CEO and Editor. This stake would be raised upto 51% by the Company, in the next 18-24 months. The Company, on the basis of an independent valuation by a Chartered Accountancy firm, will make the investment.

No comments: