Trustwave Securities Completes Capital Reduction Process with Newspaper Notice Submission
Trustwave Securities Limited completed its share capital reduction process by submitting newspaper notices to BSE Limited on April 8, 2026. The company published notices in Business Standard and Navshakti newspapers informing stakeholders about the MCA registration of the NCLT-approved capital reduction scheme, which reduced the company's share capital from ₹6,53,76,000 to ₹32,68,800.

*this image is generated using AI for illustrative purposes only.
Trustwave Securities Limited has completed the final step in its share capital reduction process by submitting newspaper notices to BSE Limited regarding the NCLT approval and Ministry of Corporate Affairs registration on April 8, 2026.
NCLT Approval and MCA Registration Timeline
The capital reduction journey began with a special resolution passed by the company on February 8, 2025. Subsequently, the Hon'ble National Company Law Tribunal Mumbai approved the scheme of reduction in share capital through an order dated March 19, 2026, in Petition number C.P 194(MB)2025.
| Key Milestone | Date |
|---|---|
| Special Resolution Passed | February 8, 2025 |
| NCLT Order Approval | March 19, 2026 |
| MCA Registration Approval | April 6, 2026 |
| Newspaper Notice Submission | April 8, 2026 |
Newspaper Publication and BSE Submission
Following the MCA registration, Trustwave Securities Limited published notices in newspapers ('Business Standard & Navshakti') on April 8, 2026, informing stakeholders about the registration of the NCLT order by the Ministry of Corporate Affairs. The company subsequently submitted copies of these published notices to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Share Capital Reduction Details
The approved capital reduction scheme restructured the company's share capital significantly. The issued, subscribed and paid-up share capital was reduced from ₹6,53,76,000 divided into 65,37,600 equity shares of ₹10 each to ₹32,68,800 divided into 3,26,880 equity shares of ₹10 each fully paid-up.
| Parameter | Before Reduction | After Reduction |
|---|---|---|
| Share Capital | ₹6,53,76,000 | ₹32,68,800 |
| Number of Shares | 65,37,600 | 3,26,880 |
| Face Value per Share | ₹10 | ₹10 |
Corporate Structure and Compliance
| Company Information | Details |
|---|---|
| Current Name | Trustwave Securities Limited |
| Former Name | Sterling Guaranty & Finance Limited |
| CIN Number | L65990MH1983PLC031384 |
| Scrip Code | 508963 |
| ISIN | INE668Y01016 |
The intimation was signed by Director Deepak Kharwad (DIN: 08134487) on behalf of the company. Trustwave Securities Limited is headquartered at B-702, 7th Floor, Neelkanth Business Park, Kirol Village, Near Bus Depot, Vidyavihar (W), Mumbai – 400086.
The completion of the newspaper publication and BSE submission represents the final regulatory step in the company's capital restructuring process, ensuring full compliance with disclosure requirements under SEBI regulations.
Source: None/Company/INE668Y01016/ef51ed4a-a8c7-4abc-8471-bf420a580ccf.pdf
Historical Stock Returns for Trustwave Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +2.88% | -11.85% | -28.81% | -24.68% | +117.35% |
How will the 95% reduction in share count impact Trustwave Securities' earnings per share and stock liquidity in the coming quarters?
What strategic initiatives or business restructuring plans does Trustwave Securities plan to implement following this significant capital reduction?
Will the company consider share buybacks or special dividends to shareholders given the substantial capital restructuring completed?

































