StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action28 Apr 2026, 05:53 pm

Trustwave Securities allots 3.26 lakh new shares post capital reduction

AI Summary

Trustwave Securities Ltd has allotted 3,26,880 new equity shares of ₹10 each to shareholders as of April 27, 2026. This allotment gives effect to a scheme of reduction of share capital approved by the NCLT Mumbai Bench via an order dated March 19, 2026. Following this corporate action, the company's issued, subscribed, and paid-up capital has been reduced from 65,37,600 shares (₹6,53,76,000) to 3,26,880 shares (₹32,68,800). The Board of Directors approved this allotment in a meeting held on April 28, 2026.

Key Highlights

  • NCLT approved scheme for reduction of share capital.
  • Company allotted 3,26,880 new equity shares of ₹10 each.
  • Paid-up capital reduced from ₹6.53 Cr to ₹32.68 Lakh.
  • Record date for allotment was April 27, 2026.