GTT Data Solutions Ltd — Others, 13-06-2025: AGM/EGM

GTT Data Solutions Limited has announced a board meeting to seek shareholder approval via postal ballot for key corporate actions. Mr. Ganesh Natarajan is proposed to be appointed as Chairman & Whole-time Director for three years with a maximum annual remuneration of Rs. 1.34 Cr plus incentives and perquisites. The company reported a loss of ₹868.22 lakh in FY 2024-25 but is pursuing business expansion and acquisitions to improve profitability. Shareholders' approval is also sought for material related party transactions with key promoters and subsidiaries, with aggregate limits ranging from ₹10 to ₹50 crores for FY 2025-26, covering services, loans, asset dealings, reimbursements, and resource transfers, all on an arm’s length basis. These approvals are vital for ongoing operations and strategic collaborations within the promoter group and subsidiaries.