Additional Information in relation to Disclosure dated 02 June 2026 under Regulation 30 of the SEBI (LODR) Regulation 2015 - Vacation of Office of Independent Director.
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GTT Data Solutions Ltd has provided additional information regarding the cessation of Independent Director Mr. Samarjeetsinh Vikramsinh Ghatge (DIN: 01193699), whose office was vacated on 14th August 2025 under Section 167(1)(b) of the Companies Act, 2013, due to his absence from all Board Meetings for a continuous period of twelve months. The original disclosure was made on 02 June 2026, and this follow-up clarifies the reason for the delayed disclosure. The Company states the matter was first identified when it reviewed observations from the Secretarial Auditor in the Annual Secretarial Compliance Report (ASCR) received on 30 May 2026. Verification of attendance records was completed on the next working day (01 June 2026), and the disclosure was filed on 02 June 2026.
This is a governance-related disclosure signalling weak board oversight, as an Independent Director went missing from all meetings for over a year without the Company noticing until flagged by the Secretarial Auditor. Investors may view the delayed identification and disclosure as a red flag on internal compliance and board-monitoring processes, though the Company has now brought the matter on record.