GTT Data Solutions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/01/2026 ,inter alia, to consider and approve Raising of funds by way ....
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GTT Data Solutions Ltd has informed BSE that its Board of Directors will meet on January 17, 2026 to consider and evaluate a proposal for raising funds. The company is exploring multiple options, including issuance of equity shares, convertible preference shares, fully or partly convertible debentures, or a composite issue of non-convertible debentures with warrants. The fund raise may be done through private placement (including Qualified Institutions Placements), further public offer, preferential issue, rights issue, or any other permissible mode, either singly or in combination. The trading window for directors and designated persons has been closed in connection with this meeting. The company was formerly known as Cinerad Communications Limited.
This is a preliminary intimation with no confirmed details on the size, pricing, or structure of the potential fund raise. Shareholders should await the board meeting outcome on January 17, 2026 for clarity. A successful fund raise could dilute existing shareholders depending on the instrument chosen, but specific impact cannot be assessed yet.