Trustwave Securities fixes April 27 as Record Date for 95% capital reduction

Trustwave Securities Limited announced that its Board of Directors, in a meeting held on April 15, 2026, has fixed Monday, April 27, 2026, as the Record Date for the purpose of giving effect to the reduction in paid-up share capital. This reduction was approved by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, via an order dated March 19, 2026. The company's existing issued, subscribed, and fully paid-up Equity Share Capital of ₹6,53,76,000 (65,37,600 Equity Shares of ₹10 each) will be reduced by 95% to ₹32,68,800 (3,26,880 Equity Shares of ₹10 each). The purpose of this scheme is financial restructuring and reconstruction, aiming to write off accumulated losses to present a true and fair view of the financial position, attract new revenue sources, and overcome financial difficulties.