GTT data solutions to acquire Insurants AI limited

GTT Data Solutions Limited, previously known as Cinerad Communications Limited, announced on December 1, 2025, an update to its proposed acquisition of Insurants AI Limited, following an earlier announcement dated November 7, 2025. The company has entered into a Memorandum of Understanding with the existing shareholders of Insurants AI Limited for the acquisition of 100% of Insurants' ownership and intellectual property rights.

The acquisition is contingent upon the completion of due diligence, execution of a share purchase agreement, and fulfillment of other transaction conditions. This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Further details regarding the acquisition are available on the company's website, www.gttdata.ai, and were referenced in their November 7, 2025, disclosure.