GTT Data Solutions Ltd Greenlights Rights Issue & ESOP Scheme: Major Moves to Drive Growth

Image Source: BSE

GTT Data Solutions Ltd’s Board, in its meeting today, has mapped out an ambitious capital and employee incentive strategy, igniting investor interest with the approval of a significant rights issue and a cutting-edge Employee Stock Option Scheme (ESOP) for 2025. This pivotal announcement marks a focused shift toward strengthening the company's balance sheet and aligning employees with future growth as it navigates expansion in data solutions and AI-led innovation.

GTT Data Solutions—a leader in Indian IT services and data analytics—has unveiled a fresh fundraising plan with its rights issue, targeting Rs 50 crores. Alongside, the company is rolling out the ESOP 2025 scheme in accordance with the latest SEBI regulations, reinforcing its commitment to both shareholder value and employee empowerment. Here’s a comprehensive look into today’s announcement and what it means for stakeholders.

Key Highlights of the Board Meeting

Approval for a Rights Issue of specified securities, capped at Rs 50 crores, for eligible equity shareholders as of the record date (to be announced).
Formation and reconstitution of the Rights Issue Committee, tasked with finalizing all key terms—type of instrument, issue price, rights entitlement ratio, and payment schedule.
Sanction of Employee Stock Option Scheme 2025 under SEBI’s latest guidelines for share-based employee benefits and sweat equity regulations.

Rights Issue: Structure and Timelines

The Rights Issue is designed to bolster GTT Data Solutions’ capital base, supporting its strategic objectives and business expansion.
Here’s how the plan unfolds:
Type of Securities Issued: Fully paid-up equity shares.
Type of Issuance: Rights Issue, accessible exclusively to existing equity shareholders as on the notified record date.
Aggregate Amount: Not exceeding Rs 50 crores, with the Rights Issue Committee delegated to finalize the exact details and structure, including entitlement ratio and issue price.
No Preferential, Bonus, Depository Receipts, Debt, or Non-convertible Securities are part of this proposal—strictly an equity rights offering.

Rights Issue Committee: Driving the Process

To ensure strategic oversight and flexibility, the Board has reconstituted its Rights Issue Committee, empowered to determine all granular aspects of the issue as market dynamics evolve. Committee members include:

Mr. Pankaj Ramesh Samani (Chairman)
Mr. Kaushal Uttam Shah (Member)
Mr. Salil Sriram Shetty (Member)
Mr. Nitil Neminath Patil (Member)

They will decide on the instrument type, pricing, number of shares, entitlement ratio, record date, timing, and payment schedule.

Employee Stock Option Scheme 2025

GTT Data Solutions is rolling out its ESOP 2025 scheme, which gives employees an opportunity to participate directly in the company's growth. Approved under India’s SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, this scheme underscores the company’s bid to attract, retain, and motivate top talent while promoting a culture of shared success.

Contextual Financials & Strategic Outlook

GTT Data Solutions reported robust Q1 FY26 results, with revenue surging to Rs 25.44 crores—a strong signal of operational momentum.

The company’s market capitalization as of August 2025 stands at approximately Rs 315.5 crores.

Strategic initiatives, such as the rights issue and ESOP, are expected not only to strengthen the balance sheet but also to fuel innovation and international expansion, particularly in AI-driven solutions and cloud data analytics.

Regulatory Compliance & Corporate Governance

All actions—rights issue, committee formation, and ESOP—are in strict compliance with SEBI Listing Regulations and related circulars, ensuring transparency and adherence to shareholder and employee interests.

Conclusion

GTT Data Solutions is taking decisive steps to reinforce its growth trajectory and foster an ownership culture among employees. The approval for a Rs 50 crore rights issue and a forward-looking ESOP Scheme positions the company for sustainable long-term growth. Investors and employees alike can look forward to enhanced engagement and value creation as GTT Data Solutions sharpens its focus on innovation, financial discipline, and global expansion.

Source: Board meeting announcement, company notifications, and investor updates as of August 14, 2025.