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Trustwave Securities Limited has fixed April 27, 2026, as the record date for its share capital reduction. This action follows an order from the National Company Law Tribunal, Mumbai Bench. The capital will be reduced from Rs.6,53,76,000 to Rs.32,68,800 to give effect to the approved scheme.
Trustwave Securities Limited has fixed April 27, 2026, as the record date for its NCLT-approved capital reduction. The plan reduces paid-up equity capital by 95% to write off accumulated losses of approximately ₹6.21 Crore. This restructuring aims to present a true financial position and enable future dividend distributions.
Trustwave Securities Limited has fixed April 27, 2026, as the record date for its capital reduction scheme. Approved by the NCLT Mumbai Bench, the paid-up equity capital will be reduced by 95% to write off accumulated losses. This restructuring aims to present a true and fair view of the company's financial position.