Trustwave Securities Completes Capital Reduction Process with Newspaper Notice Submission

2 min read     Updated on 08 Apr 2026, 04:16 PM
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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.

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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 Day5 Days1 Month6 Months1 Year5 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?

Trustwave Securities Limited Submits Q4FY26 Dematerialisation Certificate to BSE

2 min read     Updated on 02 Apr 2026, 01:13 PM
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Trustwave Securities Limited submitted its Q4FY26 dematerialisation certificate to BSE on 2nd April, 2026, confirming regulatory compliance under SEBI Depositories and Participants Regulations. The certificate from registrar Purva Sharegistry covered the quarter ended 31st March, 2026, during which 17,050 shares across 85 certificates were successfully dematerialised. The largest transaction involved 15,100 shares, with activities spread throughout the quarter from January to March 2026.

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Trustwave Securities Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended 31st March, 2026. The submission fulfills the company's regulatory obligations under SEBI's Depositories and Participants Regulations.

Regulatory Compliance Certificate

The certificate was submitted on 2nd April, 2026, by Director Deepak Kharwad (DIN 08134487) to BSE Limited's Listing Compliance Monitoring Cell. This filing is mandatory under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Parameter: Details
Reporting Quarter: 31st March, 2026
Submission Date: 2nd April, 2026
Registrar: Purva Sharegistry (India) Private Limited
SEBI Registration: INR000001112 Category 1

Registrar Confirmation

Purva Sharegistry (India) Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate on 1st April, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that:

  • Securities received for dematerialisation were confirmed or rejected to depositories
  • Security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners
  • All procedures were completed within regulatory timelines

Dematerialisation Activity Summary

During the quarter from 1st January to 31st March, 2026, the company processed dematerialisation requests from multiple shareholders. The activity demonstrates ongoing investor preference for holding shares in electronic form.

Metric: Q4FY26
Total Certificates Processed: 85
Total Shares Dematerialised: 17,050
Processing Period: 1st January - 31st March, 2026
Active Shareholders: 25

Notable Dematerialisation Transactions

The largest single dematerialisation transaction involved Santosh Kumar Jain, who converted 15,100 shares on 9th February, 2026. Other significant activities included multiple transactions by Surendra Kumar Prajapat (500 shares), Pradip Kantilal Sarda (350 shares), and Trishla Jain (500 shares across two folio numbers).

The dematerialisation activities were distributed throughout the quarter, with regular processing occurring from early January through the end of March 2026. This consistent activity reflects the company's efficient processing of shareholder requests for converting physical certificates to electronic form.

Company Information

Trustwave Securities Limited, formerly known as Sterling Guaranty & Finance Limited, operates from its registered office at Neelkanth Business Park, Vidyavihar (W), Mumbai. The company maintains its listing compliance through regular submissions to stock exchanges and adherence to SEBI regulations governing depositories and participants.

Historical Stock Returns for Trustwave Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+2.88%-11.85%-28.81%-24.68%+117.35%

Will Trustwave Securities' high dematerialisation rate of 17,050 shares in Q4FY26 indicate a potential increase in trading activity or institutional interest in upcoming quarters?

How might the company's transition from Sterling Guaranty & Finance Limited to Trustwave Securities Limited impact its business strategy and market positioning in 2026-27?

Could the concentration of dematerialisation activity among a small group of 25 active shareholders signal potential block transactions or strategic stake changes?

More News on Trustwave Securities

1 Year Returns:-24.68%