Trustwave Securities Ltd Receives MCA Approval for Share Capital Reduction Scheme

Trustwave Securities Ltd Receives MCA Approval for Share Capital Reduction Scheme

Trustwave Securities Ltd Receives MCA Approval for Share Capital Reduction Scheme​

Trustwave Securities Ltd, formerly known as Sterling Guaranty & Finance Limited, confirmed on April 6, 2026, that it received approval from the Ministry of Corporate Affairs (MCA) regarding the scheme of reduction in its share capital.

The approval follows the order dated March 19, 2026, which was issued by the Hon'ble NCLT approving the scheme of reduction in the company's share capital. The company confirmed that upon filing the order in e-form INC-28 with the Ministry of Corporate Affairs for registration, the MCA granted approval on April 6, 2026.

The company's details are as follows:
  • Company Name: Trustwave Securities Ltd
  • Former Name: Sterling Guaranty & Finance Limited
  • Scrip Code: 508963
  • ISIN: INE668Y01016
Deepak Kharwad, Director, is associated with the company.

Stock Price Movement​

Trustwave Securities Ltd settled at ₹13.88 on Monday, dipping 0.50% at the close of trading. During the session, shares navigated a narrow range, dipping to ₹13.88 but never exceeding ₹13.90.

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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