Update on proposed Acquisition wrt Insurants AI Limited.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.7 pts more 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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GTT Data Solutions Ltd has signed a Memorandum of Understanding with the existing shareholders of Insurants AI Limited to acquire 100% of its ownership along with all intellectual property rights. The deal is still subject to completion of due diligence, signing of a share purchase agreement, and fulfillment of any conditions. This is a continuation of an earlier announcement made on November 7, 2025, under SEBI Listing Regulations. The company has not disclosed deal value or financial terms in this update.
If completed, this acquisition would give GTT Data Solutions full ownership of Insurants AI and its IP, potentially expanding its technology footprint. The deal remains conditional, so shareholders should watch for further updates on due diligence completion and definitive agreements before treating it as confirmed.