BSETrustwave Securities LtdMediumNeutral
Announced Mon, 6 Apr · 15:44 IST

Please find attached the confirmation order as received from the MCA with respect to approval of reduction of share capital of the Company.

Nclt Scheme FiledStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Trustwave Securities Ltd has received approval from the Ministry of Corporate Affairs (MCA) for the reduction of its share capital. The scheme was first approved by the NCLT (National Company Law Tribunal) through an order dated 19th March 2026, and the company has now filed and registered this order with the MCA via e-form INC-28 on 6th April 2026. The company, formerly known as Sterling Guaranty & Finance Limited, has shared a copy of the MCA confirmation as Annexure A. No specific details on the quantum of capital reduction or the new capital structure have been disclosed in this filing.

Likely market impact

With the NCLT and MCA approvals now in place, the company is set to formally reduce its share capital, which may lead to a change in face value, share count, or capital base and could affect the stock price. Shareholders should watch for further disclosures on the revised capital structure and any impact on their holdings.