Trustwave Securities Limited, formerly known as Sterling Guaranty Finance Limited, has released its unaudited standalone financial results for the quarter and half-year ended September 30, 2025. The company's Board of Directors approved these results during a meeting held on November 8, 2025.

Key Financial Highlights

Board Meeting Details

The board meeting, which took place on November 8, 2025, commenced at 5:00 p.m. and concluded at 5:20 p.m. Prior to the board's approval, the Audit Committee reviewed the financial results, which were accompanied by a Limited Review Report from the company's statutory auditors, Vinod S. Mehta Co.

Financial Compliance

The auditors have confirmed that the financial statements comply with applicable accounting standards and disclosure requirements under SEBI regulations. This adherence to regulatory standards underscores the company's commitment to transparency and financial integrity.

Company Overview

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.

It's worth noting that while the equity share capital stands at a substantial 653.76 crores, the negative balance of 101.58 crores in equity attributable to owners indicates potential financial challenges that may require further analysis.

Investors and stakeholders are advised to consider these financial results in the context of the company's overall performance and market conditions. As always, it's recommended to consult with financial advisors before making any investment decisions based on this information.

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.