GTT Data Solutions Ltd — Updates, 14-08-2025: Company Update

GTT Data Solutions confirmed no deviation in the use of funds from its recent Rights Issue and Preferential Issue. The Rights Issue raised Rs. 49.82 Cr, largely utilized for stated objectives including loan repayment, IT infrastructure, and strategic acquisitions. A minor amount is unutilized due to pending call money. The Preferential Issue facilitated acquisitions, with Rs. 40.07 Cr used for CRG Solutions (67.30% acquired) and Rs. 12.48 Cr for Alpharithm Technologies (100% acquired). This confirms the company's disciplined capital deployment towards strategic growth, assuring shareholders of proper fund application.