GTT Data Solutions Ltd — Updates, 20-05-2025: Company Update
20-05-2025 | 10:24 pm
20-05-2025 | 10:24 pm
GTT Data Solutions has disclosed related party transactions for the half year ended March 31, 2025, involving loans, professional fees, reimbursements, remunerations, asset purchases, and advances. Key managerial personnel and promoter-related entities received loans—mostly unsecured and often for working capital—with interest rates around 9%. Significant transactions include loans from directors and promoters, professional fees to promoter-related companies, and asset purchases from related parties totaling over ₹500 lakh. The company also conducted share swaps and IP purchases with related entities. These transactions reflect ongoing operational funding and service arrangements within the group and with key stakeholders.
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