GTT Data Solutions
52.10
-0.38(-0.72%)
Market Cap₹198.95 Cr
PE Ratio-17.91
IndustryMedia
Company Performance:
1D-0.72%
1M+12.50%
6M-41.79%
1Y-32.80%
5Y+4,815.09%
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More news about GTT Data Solutions
07Nov 25
GTT Data Solutions Expands AI Capabilities with Strategic Acquisitions, Reports Q2 FY2026 Results
GTT Data Solutions Limited has approved the acquisition of 100% stakes in Antworks Solutions India Private Limited and Insurant AI Limited to enhance its AI and automation capabilities. The acquisitions, valued at up to INR 700 million and USD 1.80 million respectively, will be executed through share swap arrangements. For Q2 FY2026, the company reported a significant revenue increase to INR 3,676.93 crore, up 940% YoY, primarily due to consolidation of new subsidiaries. However, the company's net loss widened to INR 109.34 crore. The Board also approved an increase in authorized share capital and established a Merger & Acquisition Committee.
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05Sept 25
GTT Data Solutions Appoints Pallabi Saboo as Additional Independent Director
GTT Data Solutions Limited has appointed Ms. Pallabi Saboo as an Additional Independent Director for a five-year term, effective September 5, 2025, subject to shareholder approval. Ms. Saboo brings over 25 years of global business experience, having founded and scaled organizations, led integrations, and served on influential boards. She holds an Advanced Management degree from Harvard Business School, an MBA from Virginia Tech, and a B.S. in Electronics Engineering. The company confirmed Ms. Saboo meets independence criteria and is not related to existing directors.
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07Aug 25
GTT Data Solutions Forfeits 128,955 Partly Paid-Up Equity Shares Due to Non-Payment
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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01Aug 25
GTT Data Solutions Sets Board Meeting for Q1 Results, Rights Issue, and Merger Plans
GTT Data Solutions Limited has scheduled a Board of Directors meeting for August 7, 2025. The agenda includes reviewing Q1 financial results, considering a rights issue proposal, discussing an Employee Stock Option Scheme, and evaluating a potential merger of wholly-owned subsidiaries. The company has closed its trading window from July 1 to August 10, 2025, in compliance with regulations.
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25Jul 25
GTT Data Solutions Boosts Paid-Up Capital, Plans Forfeiture of Unpaid Shares
GTT Data Solutions increased its paid-up capital to ₹41,80,91,817.50 after converting 5,13,368 partly paid-up equity shares to fully paid-up status. The company received ₹1,00,10,676 from shareholders during the payment period. The capital structure now includes 4,17,76,943 fully paid-up shares and 1,28,955 partly paid-up shares. A Rights Issue Committee meeting is scheduled for July 30, 2025, to consider forfeiting remaining unpaid shares. The company is completing formalities for corporate actions and seeking approvals for newly converted shares.
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GTT Data Solutions
52.10
-0.38
(-0.72%)
1 Year Returns:-32.80%
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GTT Data Solutions
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