GTT DATA SOLUTIONS MD, chairman, board of directors and AGM
BSE: 530457IT - SoftwareSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹32.79.
- Under BSE's long-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹130 Cr2,293rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- −30.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- −14.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.34
- Volume, BSEVolume. Shares traded on the last trading day.
- 21,070
GTT DATA SOLUTIONS board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorPankaj Ramesh Samani
- ChairpersonGanesh Natarajan
8 directors4 independent2 executive2 non-executive
- Pankaj Ramesh Samani · Managing directorExecutive · joined Mar 2024 · reappointed Jun 2024 · 27 months as independent · 1 listed board
- Kaushal Uttam ShahNon-executive · joined Mar 2024 · reappointed Jun 2024 · 27 months as independent · 2 listed boards · 2 committee seats, 1 as chair
- Ganesh Natarajan · ChairpersonExecutive · joined Mar 2024 · reappointed Apr 2025 · 27 months as independent · 4 listed boards · 3 as independent · 4 committee seats, 1 as chair
- HAMAD JABORJASSIM AL-THANINon-executive · joined Jan 2026 · reappointed Feb 2026 · 5 months as independent · 1 listed board
- Ruchika MehtaIndependent · joined Apr 2024 · reappointed Jun 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Pallabi SabooIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 1 listed board · 1 as independent
- Sai Manik SudIndependent · joined May 2026 · 1 month as independent · 1 listed board · 1 as independent
- CHARUDATTAPRABHAKAR PALWEIndependent · joined Jun 2026 · 1 month as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- DEEPAK ABASAHEB SHINDE, left 15 Jun 2026: Others
- Nitin Neminath Patil, left 15 Jun 2026: Others
- Salil Sriram Shetty, left 1 Dec 2025: Others
- Shantuanu Jagannath Surpure, left 11 Jun 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 May 20267 of 9 present3 independent · 13 days in between
- 12 May 20267 of 9 present3 independent · 89 days in between
- 11 Feb 20267 of 9 present2 independent · 24 days in between
- 17 Jan 20266 of 7 present2 independent
Audit Committee
Ganesh Natarajan, Ruchika Mehta
- 26 May 20263 of 3 present2 independent · 13 days in between
- 12 May 20263 of 3 present2 independent · 89 days in between
- 11 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Sai Manik Sud
Ruchika Mehta, Kaushal Uttam Shah
- 26 May 20262 of 3 present1 independent · 13 days in between
- 12 May 20262 of 3 present1 independent · 115 days in between
- 16 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Kaushal Uttam Shah
Ruchika Mehta
No meeting listed in the filing.
Right Issue Committee
Chair Pankaj Ramesh Samani
Kaushal Uttam Shah
No meeting listed in the filing.
Merger and Acquisition Committee
Chair Pankaj Ramesh Samani
Ganesh Natarajan, Pallabi Saboo
No meeting listed in the filing.
Those Charged with Governance (TCWG) Committee
Chair Pankaj Ramesh Samani
Kaushal Uttam Shah
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Mehta & MehtaPeer-review certificate valid to Mar 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
GTT DATA SOLUTIONS AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.GTT DATA SOLUTIONS share news and announcements
Annual general meeting, 12 Sep 2026
5,463 shareholders on the register on 5 Sep 2026; present: 5 promoters and 46 others; votes counted by Kirti Sharma / Kirti Sharma & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2026, and the reports of the Board of Directors and Auditors thereon:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2026, and the reports of the Auditors thereon.:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- To appoint a Director in place of Mr. Kaushal Uttam Shah (DIN: 02175130), who retires by rotation and being eligible, offers himself for re-appointment:OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
Appointment of M/s. N A M M & Associates, Chartered Accountants (FRN: 037143C), as Statutory Auditors of the Company to fill the casual vacancy caused by the resignation of the outgoing Statutory Auditors M/s. Mehta & Mehta, Chartered Accountants, and for appointment for a fresh term of five consecutive years.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Approval for re-designation of Dr. Ganesh Natarajan (DIN: 00176393) from Whole-time Director to Non-Executive Non-Independent Director of the Company:OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.83% · promoters 75.14% · institutions 0.00% · other public 16.05%
- lSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Rescission of the Special Resolution passed for preferential issue of equity shares for consideration other than cash to certain selling shareholders of Antworks Solutions India:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
Approval for acquisition of equity shares of Antworks Solutions India Private Limited and approval of related party transaction with Sangli-Miraj Commercial Ventures Private Limited& Ebrahim Saifuddin Nimuchwala & Govind Paliwal.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Rescission of the Special Resolution passed for acquisition of equity shares of Insurants AI Limited:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Rescission of the Special Resolution passed for preferential issue of equity shares for consideration other than cash to certain selling shareholders of Insurants AI Limited:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Approval for investment by way of acquisition of equity shares of Insurants AI Limited and approval of related party transaction with Mr. Hamad Jabor J J Al ThaniSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
Approval for investment by way of acquisition of equity shares / ownership interest of Messrs. STRATIS Management and IT Consulting Limited Liability Company (STRATIS Vezetoi és Informatikai Tanácsadó Kft., Hungary) ("STRATIS"):MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Preferential Issue of equity shares for consideration other than cash to certain selling shareholders of Antworks Solutions India Private Limited:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
- Preferential Issue of equity shares for consideration other than cash to certain selling shareholders of Insurants AI LimitedSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
Preferential Issue of equity shares for consideration other than cash to certain selling shareholders of Messrs. STRATIS Management and IT Consulting Limited Liability Company (STRATIS Vezetoi és Informatikai Tanácsadó Kft., Hungary) ("STRATIS") :MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.76% · promoters 94.32% · institutions 0.00% · other public 16.05%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 2 Aug 2026, 5 resolutions
5,312 shareholders on the register on 26 Jun 2026; votes counted by Kirti Sharma / Kirti Sharma & Associates.The company's voting result (opens in a new tab)
- Increase the Authorised Share Capital of the Company and to make consequent alteration in Clause V of the Memorandum of Association.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 64.21% · promoters 94.32% · institutions 0.00% · other public 14.59%
- Approval for Material Related Party Transactions with SMCV Management Services Private LimitedOrdinaryPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 43.05% · promoters 60.32% · institutions 0.00% · other public 14.59%
- Regularization of the appointment of Mr. Sai Manik Sud (DIN: 11741274) as an Independent Director of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 64.19% · promoters 94.32% · institutions 0.00% · other public 14.54%
- Regularization of the appointment of Dr. Charudatta Palwe (DIN: 00532670) as an Independent Director of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 64.19% · promoters 94.32% · institutions 0.00% · other public 14.54%
- Approval of the conversion of outstanding loans and/or inter-corporate deposit(s) (ICD) extended to the company by SMCV Management Services Private Limited and other promoters into equity sharesSpecialPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 43.05% · promoters 60.32% · institutions 0.00% · other public 14.59%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeITAT 'C' Bench, MumbaiSince 25 Jul 2022Ongoing
- Tax disputeAssessing officer Income taxSince 21 Mar 2022Ongoing
- Tax disputeAssessing officer Income taxSince 15 Sep 2024Ongoing
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesMar 2025 | 49.82 | Part repayment or pre-payment of unsecured loans availed by our Company from UG Patwardhan Services Private Limited and Pankaj Ramesh Samani, the Promoters of our Company and from Agri One India Ventures LLP. | 11.14 | 11.14 | No |
| Rights IssuesMar 2025 | 49.82 | Acquisition of an additional equity shares of Itarium Technologies Private Limited from existing shareholders of the company. | 9.70 | 9.70 | No |
| Rights IssuesMar 2025 | 49.82 | Acquisition equity shares of CRG Solutions Private Limited from existing shareholders of the company. | 5.00 | 5.00 | No |
| Rights IssuesMar 2025 | 49.82 | Development of IT Infrastructure and acquisition of license from SEED Infotech Limited to conduct B2B business under the esteemed brand name of SEED Infotech. | 6.17 | 6.17 | No |
| Rights IssuesMar 2025 | 49.82 | Funding inorganic growth through acquisitions of business and other strategic initiatives and General Corporate Purposes. | 17.10 | 16.85 | No |
| Rights IssuesMar 2025 | 49.82 | Issue related expenses | 0.71 | 0.71 | No |