BSEBoard Meeting4d ago · 5 Nov 2026, 10:46 pm

Outcome of the Board Meeting held on November 05,2026.

GTT Data Solutions Ltd · 530457

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GTT Data Solutions Ltd has announced the outcome of its Board Meeting held on November 05, 2026. The Board has considered and approved the unaudited financial results for the quarter and half year ended September 30, 2026. The company has also taken note of the incorporation of AntWorks Europe Solutions Korlatolt Felel6sségu Tarsasag (AESK), a wholly owned subsidiary of the Company in Hungary. The Board has authorized the Managing Director to negotiate and finalize the terms of the acquisition of STRATIS Management and IT Consulting Limited Liability Company (STRATIS) by AESK.

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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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GTT Data Solutions Ltd - 530457 - Board Meeting Outcome for Disclosure Under Regulation 30 And Other Applicable Regulations Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations) - Outcome Of The Board Meeting.

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CTT Data Solutions Limited (Formally known as Cinerad Communications Ltd.) Shaping Registered Office: 1143, Samani Compound, C.T.S No. 1143, North Shivaji Nagar, Timber Area, Miraj, San-g 4l164i16 Dual CIN L62099PN1986PLC249493 Intelligence Email: compliance@gttdata.ai | Contact: +9177199 13351 www.ettdata.ai Date: November 05, 2026. The Listing Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. Scrip Code: 530457 Sub: Disclosure under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) — Outcome of the Board Meeting. Dear Sir/Madam, In continuation of our intimation letter dated October 30, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today 1.e. November 5, 2026, has inter alta: 1. Considered and Approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee. Pursuant to Regulation 33 and other applicable regulations of the Listing Regulations, we enclose the following as Annexure A: a) Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026 and b) Limited Review Reports on the aforesaid Unaudited Financial Results (Standalone and Consolidated), issued by M/s. N A M M & Associates, Chartered Accountants (FRN: 037143C), Statutory Auditors of the Company. 2. Took note of the incorporation of AntWorks Europe Solutions Korlatolt Felel6sségu Tarsasag (abbreviated name: AntWorks Europe Solutions Kft.) (“AESK’’), a wholly owned subsidiary of the Company in Hungary registered on October 21, 2026 under Company Reg. No. 01-09-471458, as disclosed to the Stock Exchange on October 22, 2026. Further, pursuant to the approval granted by the Board at its meeting held on August 13, 2026, and subsequently by the Members of the Company at the 40th Annual General Meeting held on September 12, 2026, for the acquisition of 100% of the equity share capital of M/s. STRATIS Management and IT Consulting Limited Liability Company (STRATIS Vezetéi és Informatikai Tanacsado Kft., Hungary) (““STRATIS”), under which the balance 93,420 equity shares of STRATIS, representing 90% of its total equity share capital, were to be acquired for a cash consideration of up to Euro 9 million (EUR 9,000,000), payable in tranches, by the Company or a wholly owned subsidiary of the Company, whether incorporated tn India or abroad, approved that the said 93,420 (Ninety-Three Thousand Four Hundred and Twenty) equity shares of STRATIS be acquired by AESK, the wholly owned subsidiary of the Company in Hungary, for a cash consideration of up to EUR 9,000,000 (Euro Nine Million), payable in one or more tranches, on such terms and conditions as may be set out in the definitive agreements. The Board has authorised Mr. Pankaj Ramesh Samani, Managing Director, on behalf of the Company and, in his capacity as Managing Director of AESK, on behalf of AESK, to negotiate and finalise the terms of the Page |1 CTT Data Solutions Limited (Formally known as Cinerad Communications Ltd.) Shaping Registered Office: 1143, Samani Compound, C.1.S No. 1143, North Shivaji Nagar, Timber Area, Miraj, Sangli-416416 Dual CIN L62099PN1986PLC249493 Intelligence Email: compliance@gttdata.ai | Contact: +9177199 13351 www.gttdata.ai acquisition and to execute the quota/share purchase agreement and other definitive agreements and documents in this regard. The acquisition of the remaining 10,380 equity shares of STRATIS, representing 10% of its total equity share capital, by the Company through a share swap shall continue to be in terms of the said approvals. The details of the said acquisition, as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (“SEBI Circular”), have already been disclosed to the Stock Exchange as part of the outcome of the Board Meeting held on August 13, 2026, and there is no change in the terms disclosed therein. The meeting of the Board of Directors commenced at 04:30 p.m. (ST) and concluded at 8:00 p.m. (IST). This is for your information and records. Thanking You. Yours faithfully, For GTT Data Solutions Limited (Formerly known as Cinerad Communications Limited) Ebrahim Nimuchwala Company Secretary & Compliance Officer Membership No.: A60947 Encl: Annexure A as stated above. Page |2 N A MM & Associates CAx Chartered Accountants INDIA AUDITOR’S REPORT ON STANDALONE QUARTERLY AND HALF YEARLY FINANCIAL RESULTS OF THE M/s GTT DATA SOLUTIONS LIMITED (formerly known as Cinerad Communications Limited) PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED. THE BOARD OF DIRECTORS OF GTT DATA SOLUTIONS LIMITED (formerly known as Cinerad Communications Limited) 1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of GTT DATA SOLUTIONS LIMITED (formerly known as Cinerad Communications Limited) (the “Company”) for the quarter and half year ended 30 September 2026 (“the Statement”) attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). 2. This Statement, which is the responsibility of the Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. Weconducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 10-B, I Road, Bhupalpur a, Udaipur - 313001 Ph: 9636649484 | 9413118508 | 9414165569 e-mail id: ho@canamma.com | co.mehta@gmail.com Our Presence: Udaipur | Pune | Chennai CX NAMMA Continuation Sheets INDIA accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. EMPHASIS OF MATTER I. We draw attention to Note 7 to the standalone financial results regarding the proposed acquisition of 47.47% equity shareholding of M/s Antworks Solutions India Private Limited (“ASIPL”) through a share swap arrangement. Since requisite approvals and closing conditions are pending as at the reporting date, the acquisition has not b [Showing first 8,000 characters — download PDF for full document]