GTT Data Solutions Limited has accepted the resignation of M/s. Mehta & Mehta as its statutory auditors and appointed M/s. N A M M & Associates to fill the resulting casual vacancy. The change takes effect from August 13, 2026, following the completion of the limited review report for the quarter ended June 30, 2026.

The outgoing auditors, M/s. Mehta & Mehta (FRN: 016513C), cited capacity and resource realignment within their firm as the primary reason for stepping down. In their resignation letter dated August 13, 2026, they clarified that the decision was driven purely by internal considerations and did not arise from any matter relating to the functioning, performance, or conduct of the company’s management or board. They confirmed there were no other circumstances connected with their resignation that required disclosure to shareholders or creditors.

The Board of Directors, based on the recommendation of the Audit Committee, approved the appointment of M/s. N A M M & Associates (FRN: 037143C) as the new statutory auditors. The firm will hold office until the conclusion of the ensuing Annual General Meeting and, subject to member approval, for a further period of five consecutive years up to the conclusion of the Forty-Fifth Annual General Meeting.

Auditor Transition Details

M/s. N A M M & Associates is a peer-reviewed firm empanelled under the Ministry of Corporate Affairs’ MEF scheme (MEF No. 125088). The firm operates from three strategic locations with its head office in Udaipur and additional offices in Chennai and Pune. CA Anmol L serves as the dealing partner for the engagement.

The company disclosed this change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026. The appointment remains subject to ratification by shareholders at the ensuing general meeting.

GTT Data Solutions Limited shareholders have approved five key corporate actions through a postal ballot process that concluded on August 02, 2026. The resolutions, which include an increase in the company’s authorized share capital and the conversion of outstanding loans and inter-corporate deposits extended by promoters into equity shares, were passed with overwhelming support. This approval paves the way for structural changes to the company’s capital base and governance, regularizing the appointments of two independent directors.

The voting results were submitted to BSE Limited on August 04, 2026, pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kirti Sharma & Associates, a firm of practicing company secretaries, served as the scrutinizer for the e-voting process conducted via Central Depository Services (India) Limited (CDSL). The record date for the ballot was June 26, 2026, with a total of 5,312 shareholders on record.

Voting Results Overview

Out of 5,312 shareholders, 80 shareholders exercised their vote through e-voting. The promoter group held 26,000,949 shares, while public non-institutional shareholders held 15,775,994 shares. A total of 640,000 votes from the promoter group were marked as invalid due to pending off-market transfers that had not yet been credited to transferee accounts as of the record date. These shares were excluded from the final vote count to ensure fair representation.

Key Resolutions Passed

The first resolution sought to increase the authorized share capital of the company and make consequential alterations to Clause V of the Memorandum of Association. This ordinary resolution passed with 100% support from the promoter group and 99.73% support from public non-institutional shareholders.

The second resolution approved material related party transactions with SMCV Management Services Private Limited. The promoter group, having an interest in this agenda item, voted unanimously in favor. Public non-institutional shareholders supported the resolution with 99.34% of their polled votes.

Two special resolutions were passed to regularize the appointments of Mr. Sai Manik Sud (DIN: 11741274) and Dr. Charudatta Palwe (DIN: 00532670) as independent directors. Both appointments received near-unanimous support, with over 99.97% of valid votes cast in favor.

The fifth and final special resolution approved the conversion of outstanding loans and/or inter-corporate deposits (ICD) extended to the company by SMCV Management Services Private Limited and other promoters into equity shares. This measure, aimed at strengthening the company’s equity base, also secured 99.92% support among valid votes.

What the Numbers Show

The voting pattern highlights strong alignment between the promoter group and public non-institutional shareholders on these strategic initiatives. While the promoter group abstained or voted uniformly on non-conflicted items, their full participation in related-party and debt-conversion votes underscores their commitment to the proposed restructuring. The exclusion of 640,000 invalid votes from the promoter’s holding ensures that the reported support percentages reflect only beneficial owners, maintaining the integrity of the shareholder mandate.