GTT Data Solutions Ltd — QIP/Rights/Pref., 05-04-2025: Outcome of Rights Issue Committee meeting held on April 5, 2025

GTT Data Solutions Limited has announced a board meeting to inform of the outcome of the Rights Issue Committee meeting. The company has allotted 1,91,61,915 partly paid-up equity shares at ₹10 each. They approved the first and final call on these shares for 75% of the issue price at ₹19.50 per share, with a record date set for April 11, 2025. This move is likely to enhance the company's capital base, potentially improving financial stability and growth prospects. Investor sentiment may remain positive as this action indicates proactive management and a commitment to strengthening shareholder value.