Scrutinizers Report for the AGM held on 29th September 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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GTT Data Solutions held its 39th AGM on September 29, 2025 via video conferencing, where all 7 resolutions were passed with overwhelming majority. The company has 4,570 shareholders on record (cut-off date September 22, 2025), with 7 from promoter group and 41 from public attending via VC. The routine resolutions — adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Mr. Pankaj Ramesh Samani as director, and appointment of SKGK & Associates LLP as secretarial auditors — each secured around 96.97% votes in favour. Notably, two special resolutions approving the 'GTT Employee Stock Option Scheme 2025' (and its extension to subsidiary/associate employees) also passed with 96.96% support. The appointment of Ms. Pallabi Saboo as Independent Director was also regularised. A total of 8,10,000 equity shares (in transit from promoter to non-promoter) were excluded as invalid to ensure fair voting.
All AGM business was approved with near-unanimous support, indicating no shareholder dissent on management proposals. The approval of the GTT ESOP 2025 scheme is a material event — once grants are made and exercised, it will lead to equity dilution for existing shareholders, though the exact dilution quantum will depend on the size of options ultimately granted.