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Awaiting price reaction for this filing.
GTT Data Solutions Ltd (formerly Cinerad Communications Limited) has submitted its Annual Report for FY 2024-25 along with the notice for its 39th Annual General Meeting, scheduled for September 29, 2025, via video conferencing. The company has seen significant board changes during the year, including the appointment of a new CEO (Gopal Patwardhan) in February 2025, three new independent directors, and one resignation. The notice includes proposals for a new Employee Stock Option Scheme (ESOP 2025) and the appointment of M/s. SKGK & Associates LLP as Secretarial Auditors for a five-year term. Remote e-voting will be open from September 26 to September 28, 2025.
This is a routine annual report filing with notable governance restructuring — including a leadership transition and new ESOP scheme that could lead to future share dilution. Shareholders should review the financial statements and consider voting on the ESOP and director appointments at the upcoming AGM.