As per the attachment.
Awaiting price reaction for this filing.
Rolta India is currently under the Corporate Insolvency Resolution Process (CIRP), and its Resolution Professional (RP) Dr. Mamta Binani informed stock exchanges about the CoC meeting held on November 28, 2025. The CoC noted a Supreme Court order dated November 19, 2025 in Civil Appeal No. 7837 of 2024 (Peanence Commercial Pvt Ltd vs Mamta Binani), where the Court dismissed the appeal and held that the deed of assignment did not result in an actual assignment. The CoC also discussed updates on the CIR process and scheduling of the Annual General Meeting for FY 2024-2025. The Supreme Court order removes a legal challenge to the RP's authority and confirms she continues in her role.
For shareholders, the Supreme Court dismissal removes a legal hurdle to the ongoing insolvency resolution, keeping the CIRP process on track. However, the company remains in insolvency, and resolution/equity value recovery remains uncertain and dependent on CoC and NCLT approvals.