Trustwave Securities Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on February 6, 2026. The company, formerly known as Sterling Guaranty & Finance Limited, continues to face operational challenges with no revenue generation during the reported period.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results compared to previous periods:

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Trustwave Securities reported improved performance compared to the corresponding period in the previous year:

Expense Breakdown

The company's major expense categories for Q3FY26 included:

• Professional Fees: ₹3.66 lakhs (highest component)
• Advertising Expenses: ₹0.62 lakhs
• Employee Benefits: ₹0.55 lakhs
• Listing Fees: ₹0.23 lakhs

Notably, professional fees increased significantly from ₹0.29 lakhs in the preceding quarter to ₹3.66 lakhs in Q3FY26, while listing fees decreased substantially from ₹5.29 lakhs in Q3FY25 to ₹0.23 lakhs in the current quarter.

Earnings Per Share

The company's earnings per share metrics reflected the loss-making position:

The paid-up equity share capital remained unchanged at ₹653.76 lakhs with a face value of ₹10 per share.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors, Vinod S. Mehta & Co., conducted a limited review of the financial results without any qualifications. The company maintains compliance with SEBI regulations and has made the results available on both its website and the BSE platform for stakeholder access.

Trustwave Securities Limited , a company listed on the BSE (Scrip Code: 508963), has announced a significant change in its key personnel. On November 18, 2025, Ms. Reet Phulwani resigned from her position as the Company Secretary and Compliance Officer, citing other professional commitments.

Immediate Effect and Implications

The resignation, which took effect immediately, has several implications for the company:

1. Key Managerial Personnel Change: With Ms. Phulwani's departure, she also ceases to be a Key Managerial Personnel of Trustwave Securities Limited.

2. Compliance Role Vacancy: The company now faces the task of filling a critical compliance position.

3. Regulatory Disclosure: In line with regulatory requirements, Trustwave Securities Limited has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Resignation

To provide a clear picture of the change, here are the key details of Ms. Phulwani's resignation:

Company's Next Steps

While the company has not yet announced a replacement, the board may need to initiate the process of finding a suitable candidate to fill this crucial role. The position of Company Secretary and Compliance Officer is vital for ensuring adherence to regulatory requirements and maintaining good corporate governance practices.

Investors and stakeholders may be keen to see how Trustwave Securities Limited addresses this change in its compliance functions.