Corporate Action28 Apr 2026, 05:41 pm
Trustwave Allots 3.27 Lakh Shares Post Capital Reduction Order
AI Summary
Trustwave Securities Ltd's Board approved the allotment of 3,26,880 equity shares of ₹10 each on April 28, 2026. This action follows an order from the Hon'ble National Company Law Tribunal, Mumbai Bench, dated March 19, 2026, for a reduction in the company's share capital. The record date for this allotment was April 27, 2026. Consequently, the company's issued, subscribed, and paid-up capital has been reduced from 6,537,600 shares (valued at ₹6,53,76,000) to 326,880 shares (valued at ₹32,68,800).
Key Highlights
- Board approved allotment of 3,26,880 equity shares.
- Allotment is for reduction in share capital.
- Action follows NCLT order dated March 19, 2026.
- Record date for allotment was April 27, 2026.
- Paid-up capital reduced from ₹6.54 Cr to ₹32.69 Lacs.
Price Impact
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