Nagpur / Mumbai | 10-Oct-2025, 14:30 IST — Filed on 10-Oct-2025 via NSE Surveillance Query Response
Trust Fintech Ltd (NSE Emerge: TRUST / BSE SME: 92787) issued a regulatory clarification this morning in response to a surveillance query from the National Stock Exchange (NSE). The company categorically denied the presence of any undisclosed or price-sensitive information behind the recent sharp movements in its share price.
Context: Stock Price Action
- Trust Fintech’s shares have been on a volatile run in recent sessions, with one-day gains of over 10%, touching levels of ₹73.60.
- Over the past year, the stock has swung widely between a 52-week low of ₹42.70 and a high of ₹220.80, reflecting both speculative activity and retail investor churn.
- Such sharp movements triggered NSE’s automated surveillance mechanism, which seeks clarification from listed companies whenever unusual trading behavior is detected.
Trust Fintech’s Response
In its official filing, the company made the following assertions:
- No Undisclosed Price-Sensitive Information
- Trust Fintech stated that it has not withheld any event, transaction, or development that could materially influence share price.
- All relevant information has been disclosed in line with SEBI’s Listing Obligations and Disclosure Requirements (LODR).
- Compliance Assured
- The company reaffirmed its commitment to transparent corporate governance and said it remains compliant with disclosure norms.
- Market-Driven Volatility
- Management attributed the movement purely to market forces, such as investor sentiment, demand-supply imbalance, or speculative trading.
- Open to Further Queries
- Trust Fintech added that it is ready to provide additional clarifications if requested by NSE or SEBI.
About Trust Fintech
- Founded: 1998, headquartered in Nagpur.
- Core Business: Software-as-a-Service (SaaS) and IT products, with specialization in core banking solutions (TrustBankCBS), ERP systems, and fintech products for BFSI clients.
- Client Base: Banks, NBFCs, and government-backed cooperative institutions in India and overseas.
- Listing: Shares are traded on the NSE Emerge and BSE SME platforms.
Promoter & Ownership
- Promoter holding stands at ~68.85% as per latest filings.
- Public shareholding is fragmented, with increasing retail investor participation in recent months.
Financials Snapshot (FY25)
- Revenue: ~₹165 crore
- EBITDA Margin: ~21%
- PAT: ~₹28 crore
- The company has been profitable consistently, leveraging recurring SaaS revenues from BFSI contracts.
Implications
- For Regulators
- NSE surveillance queries serve as a safeguard against insider trading or information asymmetry. Trust Fintech’s categorical denial may close the matter unless further evidence emerges.
- For Investors
- The clarification provides comfort that no hidden corporate action or undisclosed deal is driving the stock.
- However, volatility may persist given SME stocks’ tendency to attract speculative interest.
- For the Company
- A transparent stance boosts governance credibility.
- Any subsequent material event must be disclosed promptly to avoid regulatory scrutiny.
What to Watch
- NSE’s Follow-Up: Whether the exchange accepts the clarification or seeks additional details.
- Trading Patterns: Sustained volatility may trigger further exchange monitoring.
- Corporate Developments: Any upcoming contracts, product launches, or M&A announcements will now be closely tracked.
- Sector Trend: With fintech valuations under scrutiny, SME fintech listings remain sensitive to sentiment swings.
Ticker Snapshot — Trust Fintech Ltd (NSE: TRUST)
Outlook
The immediate impact of Trust Fintech’s reply is to reassure regulators and investors that no hidden developments are influencing its stock. However:
- If trading volatility continues, further exchange probes may follow.
- SME investors should remain cautious, as such counters are prone to speculative activity despite strong fundamentals.
- In the medium term, visibility on client acquisitions, SaaS product adoption, and global expansion plans will drive valuation more than short-term price swings.
For now, the company’s proactive stance underscores a commitment to compliance and transparency — vital in the high-scrutiny fintech sector.
Trust Fintech Ltd
10-Oct-2025, 12:28 IST
₹70.60
−4.01% (today)
52W High / Low
₹221 / ₹42.7
52-Week Position
₹42.7₹221
Mkt Cap
₹168 Cr
P/E
18.7
Book Value
₹46.4
Div. Yield
0.73%
ROCE
15.7%
ROE
11.6%
Face Value
₹10.0
Related Reads
