Update on acquisition of CRG Solutions Private Limited

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.3%Reaction day

₹76.00

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Nifty Microcap 250market · in no size index; the smallest one is used+4.6%-1.3% vs market

Computers - Software & Consulting peers, median of 59sector+5.4%-2.1% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 2.1 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.3+4.6-1.3+5.4-2.1

Next day

+4.5+6.3-1.9+6.5-2.0

+12.4+8.1+4.3+8.0+4.4

+11.1+9.1+1.9+9.3+1.7

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+3.3+13.3-10.0+9.0-5.7

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.