Ankündigung • Jun 18
GTT Data Solutions Limited Announces Board and Committee Changes, Effective June 15, 2026 GTT Data Solutions Limited had received resignation letters from Mr. Deepak Abasaheb Shinde, Non-Executive Independent Director, and Mr. Nitin Neminath Patil, Non-Executive Non Independent Director. Both directors resigned from the Board of Directors of the Company with effect from June 15, 2026 due to personal reasons and other commitments. Pursuant to their resignation as Non-Executive Independent Director and Non-Executive Non Independent Director of the Company, Mr. Deepak Shinde and Mr. Nitin Patil respectively were deemed resigned from all committee positions of the Board, as a member/chairman as applicable. Mr. Deepak Abasaheb Shinde confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. Mr. Nitin Neminath Patil confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. Mr. Deepak Abasaheb Shinde stated that his decision was necessitated due to a change in his personal interests in another organization forming part of the promoter group and that his continuing on the Board as an Independent Director may be perceived to compromise his independence. Mr. Nitin Neminath Patil stated that his resignation was due to increased professional and personal commitments which require his greater attention and time, and he was unable to devote sufficient time to the affairs of the Company. Both directors also tendered their resignation from all committees of the Board in which they currently served, where they were a member or chairperson. Both directors stated that they do not hold directorship in any listed company as on the date of their resignation letters. Ankündigung • Jun 10
GTT Data Solutions Limited Announces Appointment of Dr. Charudatta Prabhakar Palwe as Additional Independent Director, Effective June 9, 2026 GTT Data Solutions Limited had appointed Dr. Charudatta Prabhakar Palwe as an Additional Independent Director of the Company with effect from June 9, 2026. The Board of Directors passed a resolution on June 8, 2026 for the appointment. The term of appointment as an Independent Director will be for a period of five years with effect from June 9, 2026 up to June 8, 2031, and the appointment is subject to the approval of shareholders of the Company. Dr. Charudatta Prabhakar Palwe is a medical doctor and a bio medical engineer with a global worldview and having a keen eye focusing on technology, marketing, industry, startups, community welfare and rural healthcare in India. Accomplished medical professional and Director with expertise in healthcare administration, business development, strategic planning, and operational management. Experienced in budget control, recruitment and hiring, employee supervision, and organizational leadership. Proven ability to develop and implement business strategies, establish performance goals, and oversee administrative functions while maintaining high standards of patient care and service excellence. Dr. Charudatta Palwe satisfy the criteria of independence prescribed under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. Reported Earnings • May 28
Full year 2026 earnings released: ₹0.03 loss per share (vs ₹3.41 loss in FY 2025) Full year 2026 results: ₹0.03 loss per share. Revenue: ₹1.35b (up ₹1.19b from FY 2025). Net loss: ₹164.7m (loss widened 133% from FY 2025). Ankündigung • May 20
GTT Data Solutions Limited to Report Q4, 2026 Results on May 26, 2026 GTT Data Solutions Limited announced that they will report Q4, 2026 results on May 26, 2026 Ankündigung • Feb 17
GTT Data Solutions Limited Appoints Deepak Abasaheb Shinde as Non- Executive Independent Director GTT Data Solutions Limited at its EGM held on February 12, 2026 approved the appointment of Mr. Deepak Abasaheb Shinde (DIN 00288460) as Non- Executive Independent Director of the company. Reported Earnings • Feb 13
Third quarter 2026 earnings released: ₹0.44 loss per share (vs ₹0.53 loss in 3Q 2025) Third quarter 2026 results: ₹0.44 loss per share. Revenue: ₹424.5m (up ₹378.6m from 3Q 2025). Net loss: ₹18.3m (loss widened 72% from 3Q 2025). Ankündigung • Feb 06
GTT Data Solutions Limited to Report Q3, 2026 Results on Feb 11, 2026 GTT Data Solutions Limited announced that they will report Q3, 2026 results on Feb 11, 2026 New Risk • Nov 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹322m free cash flow). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 87% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹3.18b market cap, or US$35.6m). Reported Earnings • Nov 08
Second quarter 2026 earnings released: ₹0.36 loss per share (vs ₹0.35 loss in 2Q 2025) Second quarter 2026 results: ₹0.36 loss per share (further deteriorated from ₹0.35 loss in 2Q 2025). Revenue: ₹369.4m (up ₹334.0m from 2Q 2025). Net loss: ₹11.6m (loss widened 31% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 281 percentage points per year, which is a significant difference in performance. Ankündigung • Nov 03
GTT Data Solutions Limited to Report Q2, 2026 Results on Nov 06, 2025 GTT Data Solutions Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 06, 2025 Ankündigung • Oct 02
GTT Data Solutions Limited Announces Regularization of the Appointment of Pallabi Saboo as an Independent Director GTT Data Solutions Limited announced that at its AGM held on September 29, 2025, the shareholders approved the Regularization of the appointment of Ms. Pallabi Saboo (DIN: 11281694) as an Independent Director of the Company. New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹223m free cash flow). Earnings have declined by 89% per year over the past 5 years. Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Revenue is less than US$5m (₹385m revenue, or US$4.3m). Market cap is less than US$100m (₹2.72b market cap, or US$30.7m). Ankündigung • Aug 18
GTT Data Solutions Limited, Annual General Meeting, Sep 29, 2025 GTT Data Solutions Limited, Annual General Meeting, Sep 29, 2025. Reported Earnings • Aug 16
First quarter 2026 earnings released: ₹0.98 loss per share (vs ₹0.56 loss in 1Q 2025) First quarter 2026 results: ₹0.98 loss per share (further deteriorated from ₹0.56 loss in 1Q 2025). Revenue: ₹254.4m (up ₹223.9m from 1Q 2025). Net loss: ₹45.2m (loss widened 323% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 255 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 02
GTT Data Solutions Limited to Report Q1, 2026 Results on Aug 07, 2025 GTT Data Solutions Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Ankündigung • Jun 04
GTT Data Solutions Limited (BSE:530457) agreed to acquire remaining 45% stake in Itarium Technologies India Private Limited for INR 99 million. GTT Data Solutions Limited (BSE:530457) agreed to acquire remaining 45% stake in Itarium Technologies India Private Limited for INR 99 million on June 3, 2025. The price per equity shares to be acquired is INR 22,000. Upon completion, GTT Data Solutions Limited will own 100% stake in Itarium Technologies India Private Limited.
For the period ending March 31, 2025, Itarium Technologies India Private Limited reported total revenue of INR 82.3 million and net income of INR 7.7 million.
The expected completion of the transaction is June 3, 2025 to August 31, 2025. Ankündigung • May 16
GTT Data Solutions Limited to Report Q4, 2025 Results on May 20, 2025 GTT Data Solutions Limited announced that they will report Q4, 2025 results on May 20, 2025 Ankündigung • Apr 18
GTT Data Solutions Limited Announces Executive and committee Changes GTT Data Solutions Limited at its board meeting held on April 18, 2025, considered and approved Name: Raghu BS; Role: Executive Vice President- Human Intelligence; Effective date of appointment: April 1, 2025; Brief Profile: Raghu is a seasoned leader with deep expertise in business operations, strategic planning, and business development. Over the course of his career, he has held key roles at renowned organizations including Seed Infotech, Microsoft, IIHT Ltd, and Aptech. Currently, he serves as Executive the Vice President at GTT Data, where he leads Human Intelligence initiatives. Raghu is known for driving business growth through precise execution, strategic decision-making, and operational excellence. His strong background in channel management has been instrumental in fostering robust client relationships and cultivating successful partnerships; and approved Re-constitution of the Audit Committee of the Board of Directors comprises with following members: Mr. Salil Sriram Shetty, Chairman, Independent Non- Executive Director; Mr. Shantanu Jagannath Surpure, Member, Independent Non- Executive Director; Ms. Ruchika Mehta, Member, Independent Non- Executive Director; Mr. Ganesh Natarajan, Member, Non-Independent Executive Director. New Risk • Apr 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 84% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Significant insider selling over the past 3 months (₹98m sold). Revenue is less than US$5m (₹206m revenue, or US$2.4m). Market cap is less than US$100m (₹3.21b market cap, or US$37.5m). Ankündigung • Mar 28
GTT Data Solutions Limited announced that it expects to receive funding from Alpharithm Technologies Private Limited, Crg Solutions Private Limited GTT Data Solutions Limited announced a private placement to issue common shares on March 26, 2025. The transaction will include participation from new investors Alpharithm Technologies Private Limited and CRG Solutions Private Limited. The transaction has been approved by shareholders of company. Ankündigung • Feb 04
GTT Data Solutions Limited (BSE:530457) signed a letter of intent to acquire Alpharithm Technologies Private Limited. GTT Data Solutions Limited (BSE:530457) signed a letter of intent to acquire Alpharithm Technologies Private Limited on February 2, 2025. The consideration consists of common equity of GTT Data Solutions Limited to be issued for common equity of Alpharithm Technologies Private Limited. As part of consideration, an undisclosed value is paid towards common equity of Alpharithm Technologies Private Limited.
The transaction is subject to approval of offer by acquirer board, consummation of due diligence investigation and signing of share purchase agreement. The deal has been approved by the board. The expected completion of the transaction is March 31, 2025. As of March 31, 2024 Alpharithm Technologies Private Limited reported total revenue of INR 235.145 million and net income of INR 16.321 million. Ankündigung • Jan 28
GTT Data Solutions Limited to Report Q3, 2025 Results on Feb 02, 2025 GTT Data Solutions Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Feb 02, 2025 New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 84% per year over the past 5 years. Shareholders have been substantially diluted in the past year (268% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹206m revenue, or US$2.4m). Market cap is less than US$100m (₹1.78b market cap, or US$20.6m). Ankündigung • Oct 29
Cinerad Communications Limited to Report Q2, 2025 Results on Nov 04, 2024 Cinerad Communications Limited announced that they will report Q2, 2025 results on Nov 04, 2024 Ankündigung • Sep 19
Cinerad Communications Limited (BSE:530457) entered into Memorandum of Understanding to acquire 10.51% stake in Crg Solutions Private Limited for INR 60 million. Cinerad Communications Limited (BSE:530457) entered into Memorandum of Understanding to acquire 10.51% stake in Crg Solutions Private Limited for INR 60 million on September 19, 2024. A cash consideration of INR 60.04 million will be paid by Cinerad Communications Limited.
For the period ending March 31, 2024, Crg Solutions Private Limited reported total revenue of INR 854 million and net income of INR 30.7 million. The expected completion of the transaction is November 30, 2024. Board Change • Aug 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Shantanu Surpure is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Aug 10
Cinerad Communications Limited Appoints Ganesh Natarajan as a Regular Chairman Cinerad Communications Limited informed that the Board of Directors of the Company, at its meeting held August 7, 2024, has appointed Mr. Ganesh Natarajan (DIN: 00176393) as a regular Chairman of the Company. Effective Date of appointment is August 7, 2024. He is an Indian resident, aged 67 years. He holds the degree in Mechanical Engineering from BIT Mesra, a post graduate degree in Industrial Engineering from NITIE Bombay and a Ph.D. from IIT Bombay and has an experience of more than 40 years in the field of advisory in digital reengineering and information technology. Ankündigung • Aug 08
Cinerad Communications Limited, Annual General Meeting, Sep 23, 2024 Cinerad Communications Limited, Annual General Meeting, Sep 23, 2024. Ankündigung • Aug 02
Cinerad Communications Limited to Report Q1, 2025 Results on Aug 07, 2024 Cinerad Communications Limited announced that they will report Q1, 2025 results on Aug 07, 2024 Ankündigung • May 24
Cinerad Communications Limited to Report Q4, 2024 Results on May 29, 2024 Cinerad Communications Limited announced that they will report Q4, 2024 results on May 29, 2024 New Risk • Mar 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 268% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.5m free cash flow). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (268% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (₹10m sold). Market cap is less than US$100m (₹894.5m market cap, or US$10.7m). Board Change • Mar 16
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Additional Non-Executive Non-Independent Director Kaushal Shah is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 13
Cinerad Communications Limited Announces Management Changes The Board of Directors of Cinerad Communications Limited at their meeting held on March 13, 2024 based on the recommendations of the Nomination and Remuneration Committee, accorded their approval for appointment and resignation of Directors /Key Managerial Personnel. Mr. Kaushal Uttam Shah appointed as Additional Non-executive Non-Independent Director, effective March 13, 2024, Kaushal Uttam Shah is an Indian resident, aged 46 years. He holds the degree of Chartered Accountant from Institute of Chartered Accountants of India and has an experience of more than 23 years in the field of Commodities and Capital Markets. Mr. Nitin Neminath Patil is appointed as Additional Non- executive Non-Independent Director, effective March 13, 2024. Nitin Neminath Patil is an Indian resident, aged 49 years. He holds the master's degree in software engineering from San Jose State University, California and has an experience of more than 28 years in the field of information technology, and Mr. Ganesh Natarajan is appointed as Additional Non-executive Non-Independent Director, effective March 13, 2024. Mr. Ganesh Natarajan is an Indian resident, aged 67 years. He holds the degree in Mechanical Engineering from BIT Mesra, a post graduate degree in Industrial Engineering from NITIE Bombay and a Ph.D. from IIT Bombay and has an experience of more than 40 years in the field of advisory in digital reengineering and information technology. CS Ebrahim Nimuchwala is appointed as Company secretary, effective March 13, 2024. Mr. Ebrahim Nimuchwala is a member of the Institute of Company Secretaries of India and a master's in commerce. He has overall experience of 5 years in Secretarial and legal Compliance. He was associated with Global Talent Track Private Limited since June, 2023. The company also announced the resignation of Mr. Satyam Jaiswal, Mr. Santosh Choradia, Ms. Pritika Choraria, Mr. Nitesh Singh, Mr. Pradeep Kumar Daga, Ms. Vinita Daga and Mr. Sudir Kabra as directors and Priti Jain resigned as Company secretary. Ankündigung • Feb 06
Cinerad Communications Limited to Report Q3, 2024 Results on Feb 13, 2024 Cinerad Communications Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Ankündigung • Nov 08
Cinerad Communications Limited to Report Q2, 2024 Results on Nov 14, 2023 Cinerad Communications Limited announced that they will report Q2, 2024 results on Nov 14, 2023 Ankündigung • Aug 31
Cinerad Communications Limited, Annual General Meeting, Sep 26, 2023 Cinerad Communications Limited, Annual General Meeting, Sep 26, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2023, together with the Report of the Board of Directors and Auditors thereon; to appoint a Director in place of Ms. Santosh Choradia, who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment; and to consider re-appointment of Mrs. Vinita Daga as Managing Director. Ankündigung • Aug 08
Cinerad Communications Limited to Report Q1, 2024 Results on Aug 14, 2023 Cinerad Communications Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Ankündigung • May 20
Cinerad Communications Limited to Report Q4, 2023 Results on May 26, 2023 Cinerad Communications Limited announced that they will report Q4, 2023 results on May 26, 2023 Ankündigung • Feb 07
Cinerad Communications Limited to Report Q3, 2023 Results on Feb 13, 2023 Cinerad Communications Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Ankündigung • Nov 09
Cinerad Communications Limited to Report Q2, 2023 Results on Nov 14, 2022 Cinerad Communications Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Ankündigung • Sep 02
Cinerad Communications Limited, Annual General Meeting, Sep 29, 2022 Cinerad Communications Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2022, together with the Report of the Board of Directors and Auditors thereon; to appoint a Director in place of Mr. Pradeep Kumar Daga, who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment; and to appoint Auditors and fix their remuneration. Ankündigung • Aug 06
Cinerad Communications Limited to Report Q1, 2023 Results on Aug 11, 2022 Cinerad Communications Limited announced that they will report Q1, 2023 results on Aug 11, 2022 Ankündigung • May 21
Cinerad Communications Limited to Report Q4, 2022 Results on May 27, 2022 Cinerad Communications Limited announced that they will report Q4, 2022 results on May 27, 2022 Executive Departure • Aug 24
Non-Executive Independent Director Rathindra Ghosh has left the company On the 16th of August, Rathindra Ghosh's tenure as Non-Executive Independent Director ended after 5.5 years in the role. We don't have any record of a personal shareholding under Rathindra's name. Rathindra is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.50 years. Ankündigung • Feb 04
Cinerad Communications Limited to Report Q3, 2021 Results on Feb 13, 2021 Cinerad Communications Limited announced that they will report Q3, 2021 results on Feb 13, 2021