Rolta India Limited — Important, 21-02-2025: General Updates

Rolta India Limited has received a non-compliance notice from the National Stock Exchange (NSE), resulting in a fine of ₹1,08,560 for failing to appoint a qualified company secretary as compliance officer under SEBI regulations. This lapse lasted for 92 days. Rolta is currently undergoing Corporate Insolvency Resolution Process (CIRP), and the National Company Law Tribunal (NCLT) has implemented a moratorium since January 19, 2023, to protect the company during this period. Rolta has requested the NSE to refrain from any punitive actions due to the ongoing moratorium. Given the situation, external stakeholders should monitor the company's compliance status closely as it navigates these challenges.