- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
GTT Data Solutions' board has approved increasing its loan/guarantee threshold to 400 Cr, pending member approval. The company will issue 1.23 Cr equity shares for approximately 101.52 Cr to acquire 100% of Antworks Solutions India Private Limited. Additionally, 19.06 lakh equity shares will be issued for about 15.80 Cr to acquire 100% of Insurant AI Limited (UK). These strategic acquisitions are via non-cash preferential issues, aiming to bolster business operations. The board also appointed two new directors and scheduled an Extra Ordinary General Meeting to seek member approvals for these key initiatives.