What we do Trustwave Securities Limited, formerly Sterling Guaranty & Finance Limited, transitioned from NBFC to securities dealing and stressed assets management, focusing on financial services within India. |
Founded in 1,983 |
Market share Small-scale player with no public debt; currently inactive in core operational business segments. |
Problem solved Provides financial services including dealing in securities and management of stressed assets, aiming to support capital markets and distressed asset handling. |
Top clients or who we serve Services primarily tailored for financial market participants; does not have broad client base currently due to inactivity. |
Key management Mrs. Naliny Deepak Kharwad, Managing Director; Mr. Deepak Babulal Kharwad, Director; Mr. Nilesh Harkesh Yadav, Independent Director. |
Our journey and innovations Incorporated in 1983, listed in 1984, shifted from NBFC to securities dealing by 2018 and renamed as Trustwave Securities Limited in 2024. |
Where we operate Operates primarily in Mumbai, India. |
Top products or what we offer Deals in securities and stressed assets management services. |
Top brands No flagship brands; operates under Trustwave Securities Limited. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution No significant revenue currently; financially inactive with recurring losses due to compliance expenses. |
Our industry position Non-banking financial services and securities dealing sector; currently no major market presence. |
Financial highlights Revenue is negligible; reported loss of ₹17.09 lakhs in 2024-25; no dividend declared; equity capital reduced in 2025. |
Geographical revenue split Not applicable due to absence of revenue. |
Order book - |
Whats driving growth Corporate restructuring and shift to securities dealing; no active growth drivers currently. |
Our future plans Focus on securities business and stressed asset dealings; awaiting approvals for capital restructuring. |
Our green promise - |
Our people and values Emphasizes safety, health, compliance, and ethical conduct; small management and staff base. |
Key challenges ahead Rebuilding business operations post-NBFC exit; overcoming losses and low revenue generation. |
Interesting facts Originally incorporated as Sterling Lease Finance Limited; renamed to Trustwave Securities Limited in 2024. |
Risks and strategy Financial losses, low operational activity, dependency on regulatory approvals; strategy focuses on restructuring and new business focus. |
