Description
GTT Data Solutions Limited has listed 3,582,068 new equity shares issued on preferential basis at Rs. 130/- per share, effective October 28, 2025, with lock-in until April 30, 2026.
Summary
BSE has approved the listing of 3,582,068 new equity shares of GTT Data Solutions Limited (Scrip Code: 530457) issued to non-promoters on a preferential basis. The shares will commence trading on October 28, 2025, with a one-year lock-in period until April 30, 2026.
Key Points
- 3,582,068 equity shares of face value Rs. 10/- each issued at premium of Rs. 120/-
- Issue price: Rs. 130/- per share
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Date of allotment: April 18, 2025
- ISIN: INE959B01017
- Distinguished Numbers: 19161916 to 22743983
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
- Trading members are informed that these securities are available for trading from October 28, 2025
- All 3,582,068 shares are subject to lock-in restrictions and cannot be transferred until April 30, 2026
- Shares carry same rights and privileges as existing equity shares
Important Dates
- Allotment Date: April 18, 2025
- Trading Commencement: October 28, 2025 (Tuesday)
- Lock-in Expiry: April 30, 2026
Impact Assessment
Market Impact: Limited immediate trading impact as all newly listed shares are under complete lock-in for six months from listing date. The preferential allotment represents additional equity capital raised by the company.
Dilution Effect: Existing shareholders will experience dilution due to the issuance of new shares, though the quantum depends on the pre-issue share capital.
Liquidity: No change in tradable float until lock-in expires in April 2026.
Impact Justification
Routine listing of preferential allotment shares with lock-in restrictions, limited immediate market impact