Please find attached the intimation about petition filed with the NCLT for scheme of reduction in share capital of the Company.
Awaiting price reaction for this filing.
Trustwave Securities Ltd (formerly Sterling Guaranty & Finance Limited) has filed a petition in Form RSC-1 with the National Company Law Tribunal (NCLT), Mumbai Bench, on 14th August 2025, seeking approval for a Scheme of Reduction in Share Capital. This filing follows the in-principle approval already granted by BSE Limited on 13th November 2024 for the proposed reduction. The company has submitted the scheme along with all relevant documents and shared the NCLT acknowledgement with the stock exchange. The next step is for NCLT to hear and approve the scheme before it can take effect.
A reduction in share capital is a corporate restructuring step that can affect the number of shares outstanding and per-share metrics. Shareholders should monitor NCLT hearings for next steps, as approval will determine whether shares are cancelled or face value is adjusted, which can directly impact stock price and ownership.