Announced Thu, 2 Jul · 16:15 IST

Postal Ballot: Capital hike, RPT nod, 2 director appointments, loan-to-equity conversion

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹39.79
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.2-1.9-2.8-4.5-1.9-1.0-2.5
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AI summary

GTT Data Solutions seeks shareholder approval via postal ballot (e-voting Jul 4 to Aug 2, 2026) for 5 items: raising authorised capital from Rs 70 cr to Rs 100 cr; material related party transactions with promoter entity SMCV Management up to Rs 20 cr for FY27; regularising 2 Independent Directors for 5 years; and converting promoter loans (Rs 8.9 cr in FY26) into equity shares.

Likely market impact

Capital hike and promoter loan conversion may dilute equity. RPT clearance with promoter entity and 2 Independent Director regularisations also on the agenda.