Vacation of Office of a Director u/s 167 (1) (b).
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GTT Data Solutions Ltd has disclosed that Mr. Samarjeetsinh Vikramsinh Ghatge (DIN: 01193699), an Independent Director, has vacated his office by operation of law effective August 14, 2025, under Section 167(1)(b) of the Companies Act, 2013. This provision is triggered when a director is absent from all board meetings held over a continuous period of twelve months. The company filed this disclosure to BSE on June 2, 2026 — nearly ten months after the cessation date — citing a recent internal review of records and applicable provisions. The filing was signed by Ebrahim Nimuchwala, Company Secretary & Compliance Officer. No replacement appointment details have been provided in this disclosure.
This is a governance red flag for retail investors — the director was absent from every single board meeting for a full year, suggesting weak board oversight. The significant delay in disclosing the cessation also raises concerns about the company's compliance and disclosure timelines, which could weigh negatively on investor confidence.