Outcome of board meeting of GTL

Held on 30 October 2014

GTL announced that the Board of Directors of the Company at its meeting held on 30 October 2014, inter alia, has:

Approved the merger of Wholly Owned Subsidiary of the Company viz. ADA Cellworks Wireless Engineering with the Company, subject to necessary consents from regulators / court / lenders as may be required in this regard.

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