Disclosure of resignation of Mr. Salil Shetty as Independent Director.
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Mr. Salil Sriram Shetty (DIN: 07424136) has resigned as Independent Director of GTT Data Solutions Ltd with immediate effect from December 1, 2025. The resignation was triggered by his recent acquisition of interests in another organization that forms part of the company's promoter group, which he felt could be perceived to compromise his independence as defined under SEBI Listing Regulations. He has also stepped down from all board committee positions (member/chairman roles) and confirmed there are no other material reasons for his departure. He continues as a Non-Executive Non-Independent Director and committee chairman at Bijoy Hans Limited, another listed entity.
This is a routine governance-driven exit to preserve board independence, but shareholders should note that the promoter group's expanding sphere of influence is creating independence concerns at the board level. The stock impact is likely neutral, though the company will need to fill the vacant independent director seat to maintain SEBI-mandated board composition.