Trustwave Securities Limited, formerly known as Sterling Guaranty & Finance Limited, has taken a significant step in its corporate restructuring process by filing a petition for share capital reduction with the National Company Law Tribunal (NCLT) Mumbai Bench.

Petition Filing Details

The company submitted the petition in Form RSC-1, along with the scheme documents, to the NCLT on August 14, 2025. This move follows the in-principle approval received from BSE Limited in November 2024 for the scheme of reduction in share capital.

Company Background

Trustwave Securities Limited, operating under the CIN No. L65990MH1983PLC031384, is headquartered at B-702, 7th Floor, Neelkanth Business Park, Kirol Village, Near Bus Depot, Vidyavihar (W), Mumbai – 400086. The company's shares are listed on the BSE with the scrip code 508963.

Regulatory Compliance

In compliance with Regulation 30 of Chapter IV read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Trustwave Securities has duly informed the BSE about the filing of the petition. This communication follows the company's earlier intimation on November 13, 2024, regarding the in-principle approval from BSE for the share capital reduction scheme.

Management Statement

Deepak Kharwad, Director of Trustwave Securities Limited (DIN: 08134487), signed the official communication to the BSE, affirming the company's commitment to keeping stakeholders informed about this significant corporate action.

The share capital reduction scheme, once approved by the NCLT, could have implications for the company's financial structure and shareholder value. Investors and stakeholders are advised to monitor further announcements from the company regarding the progress of this petition.

Trustwave Securities Limited, formerly known as Sterling Guaranty & Finance Limited, has approved its unaudited standalone financial results for the first quarter of the fiscal year 2026. The company's Board of Directors convened a meeting on August 8, 2025, to review and approve the financial statements for the quarter ended June 30, 2025.

Board Meeting Details

The board meeting, which took place at the company's registered office, commenced at 5:00 p.m. and concluded at 5:20 p.m., lasting a total of 20 minutes. During this brief session, the directors carefully examined the financial performance of the company for the first quarter of the fiscal year.

Financial Results Review Process

Prior to the board's approval, the financial results underwent a thorough review process:

1. The Audit Committee examined the results, ensuring compliance with accounting standards and regulatory requirements.
2. The company's Statutory Auditors conducted a Limited Review, providing an additional layer of scrutiny to the financial statements.

Regulatory Compliance

In line with its obligations as a listed entity, Trustwave Securities Limited has submitted the approved financial results to BSE Limited for dissemination to the public. This action demonstrates the company's commitment to transparency and adherence to regulatory requirements set by the Securities and Exchange Board of India (SEBI).

Company Information

Trustwave Securities Limited, operating under the CIN No. L65990MH1983PLC031384, has its registered office at B-702, 7th Floor, Neelkanth Business Park, Kirol Village, Near Bus Depot, Vidyavihar (W), Mumbai – 400086. The company's shares are listed on the BSE.

While the specific financial figures from the Q1 FY2026 results have not been disclosed in this announcement, investors and stakeholders can expect detailed information to be made available through the BSE website and the company's official channels in due course.

The approval of these financial results marks an important milestone in Trustwave Securities' fiscal calendar, providing insights into the company's performance as it navigates the first quarter of the 2026 financial year.