Description
GTT Data Solutions Limited lists 3,582,068 equity shares issued on preferential basis to non-promoters at Rs. 130 per share, effective October 28, 2025.
Summary
BSE has approved the listing of 3,582,068 equity shares of GTT Data Solutions Limited (Scrip Code: 530457) issued to non-promoters on a preferential basis. The shares will be available for trading from October 28, 2025, with a lock-in period until April 30, 2026.
Key Points
- 3,582,068 equity shares of Rs. 10/- each issued at a premium of Rs. 120/-
- Issue price: Rs. 130.00 per share
- Allotted to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 19161916 to 22743983
- ISIN: INE959B01017
- Date of Allotment: April 18, 2025
- Trading commences: October 28, 2025
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification following preferential share allotment.
Compliance Requirements
- Trading members are informed to update their systems for the new securities
- All 3,582,068 shares are subject to lock-in restrictions and cannot be transferred until April 30, 2026
Important Dates
- Date of Allotment: April 18, 2025
- Trading Commencement: October 28, 2025
- Lock-in Period Expiry: April 30, 2026
Impact Assessment
Limited market impact as this is a company-specific listing event. The preferential allotment increases GTT Data Solutions Limited’s equity base by 3,582,068 shares. The lock-in period until April 30, 2026 ensures these shares will not create immediate selling pressure. Trading members need to be aware of the additional securities for accurate position tracking and settlement.
Impact Justification
Routine listing of preferential allotment shares for a specific company with standard lock-in provisions; affects only GTT Data Solutions Limited shareholders and trading members