Rolta India Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Rolta India has announced a board meeting to approve the financial results for the quarter and half-year. The company is still under Corporate Insolvency Resolution Process, with the Resolution Professional ensuring operations continue smoothly. The Committee of Creditors has approved a resolution plan, but its implementation is delayed by a Supreme Court appeal set for August 2025. Consolidated revenue stood at ₹3.40 crore, while the company posted a net loss of ₹6.96 crore. Deferred tax assets of ₹994.28 crore were written off amid uncertainty over future profits. Legal disputes around fraud claims remain unresolved.