Announced Fri, 9 May · 18:25 IST

Update on acquisition of CRG Solutions Private Limited

Listed Co AcquisitionStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GTT Data Solutions Ltd has completed the acquisition of 77.81% equity stake (7,781 shares) in CRG Solutions Private Limited as of May 8, 2025. This follows the share purchase agreement signed on December 31, 2024. The company stated further disclosures will be made as and when it acquires the remaining equity shares of CRG. The detailed terms of the acquisition were already disclosed earlier on December 31, 2024, and are available on the BSE and company website.

Likely market impact

This is a partial completion of the CRG acquisition, bringing strategic assets onto GTT's books but leaving the full deal still pending. Shareholders should watch for the next update when the remaining stake is acquired, which could trigger further disclosures and potential changes to the company's financials.