GTL Ltd (GTL.NS) Key Developments | Reuters.com
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GTL Ltd (GTL.NS)

GTL.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Intelligent Energy Holdings plc signs agreement to acquire GTL Ltd's energy management business
Thursday, 1 Oct 2015 02:00am EDT 

Intelligent Energy Holdings plc:Says that it has on Sept. 30, signed an agreement to acquire GTL Ltd's energy management business to provide efficient and economical energy to over 27,400 telecom towers in India (Energy Management Business).Says consideration of 8.50 bln Indian rupees (about 85 mln pounds) is payable for Energy Management Business, of which up to 25 mln pounds will be financed by IE and a maximum 6.00 bln Indian rupees from debt funding.  Full Article

GTL Ltd approves the merger of subsidiary
Thursday, 30 Oct 2014 07:54am EDT 

GTL Ltd:Approves the merger of wholly owned subsidiary of the company viz. ADA Cellworks Wireless Engineering Private Limited with the company, subject to necessary consents from regulators / court / lenders as may be required in this regard.  Full Article