Rolta India Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting
28-05-2025 | 11:23 pm
28-05-2025 | 11:23 pm
Rolta India has announced a board meeting on the financial results for the quarter and half-year. While under Corporate Insolvency Resolution Process, the Committee of Creditors has approved a resolution plan pending legal clearance. Consolidated total assets are ₹2,714 Cr, with shareholders’ equity at ₹170 Cr. A deferred tax asset of ₹994 Cr was reversed due to delays in the resolution. The company is contesting certain bank account classifications. Operations remain focused on Enterprise Geospatial, Defence, and Data Analytics solutions, maintaining strategic business continuity amid restructuring.
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