Board Meeting14 Aug 2026, 07:31 am
GTT Data Solutions Approves Q1 FY27 Results & Two Acquisitions
AI Summary
GTT Data Solutions Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved two significant acquisitions: 47.47% of Antworks Solutions India Private Limited (ASIPL) for ₹37.99 Cr and 48.95% of Insurants AI Limited (UK) for ₹9.33 Cr. Both acquisitions will be discharged through equity share issuance. The company also approved the rescission of previous resolutions related to these acquisitions and another acquisition of Insurants AI Limited (IAL). Additionally, a director is set to retire by rotation at the upcoming AGM.
Key Highlights
- Approved unaudited financial results for Q1 FY27.
- Acquiring 47.47% of ASIPL for ₹37.99 Cr via share swap.
- Acquiring 48.95% of Insurants AI Limited (UK) for ₹9.33 Cr.
- Rescinded previous resolutions for ASIPL and IAL acquisitions.
- Director Kaushal Uttam Shah to retire by rotation at AGM.
Price Impact
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