GTT Data Solutions Forfeits 128,955 Partly Paid-Up Equity Shares Due to Non-Payment Aug 07, 2025
GTT Data Solutions Limited has forfeited 128,955 partly paid-up equity shares with a face value of ₹10 each on July 30, 2025. This action was taken after shareholders failed to pay the First and Final Call money by the July 7, 2025 deadline. The forfeiture was approved by the Rights Issue Committee of the Board of Directors. The company had previously issued notices and reminders to shareholders regarding the payment. As a result of the forfeiture, all shareholder interests and rights related to these shares have been extinguished, and the shares are now company property. GTT Data Solutions retains the right to sell, dispose of, or cancel the forfeiture of these shares.
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