GTT Data Solutions Rights Issue 2025 FAQ's

GTT Data Solutions Rights Issue 2025 price is set at ₹26 per share. The GTT Data Solutions Rights Issue 2025 opens on Mon, Jan 27, 2025, and closes on Tue, Feb 25, 2025, for the subscription.

The allotment of GTT Data Solutions Rights Issue 2025 is expected to happen on or about February 11, 2025 as per the issue schedule.

The credit of GTT Data Solutions Rights Issue 2025 in Demat account is expected on or about February 17, 2025 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

1. Part repayment or pre-payment of unsecured loans availed by the Company from U.G Patwardhan Services Private Limited and Pankaj Ramesh Samani, the Promoters of the Company and from Agri One India Ventures LLP.
2. Acquisition of an additional equity shares of Itarium Technologies Private Limited from existing shareholders of the company.
3. Acquisition equity shares of CRG Solutions Private Limited from existing shareholders of the company.
4. Development of IT Infrastructure and acquisition of license from SEED Infotech Limited to conduct B2B business under the esteemed brand name of SEED Infotech
5. Funding inorganic growth through acquisitions of business and other strategic initiatives and General Corporate Purposes.