As per the attachment.
Awaiting price reaction for this filing.
Rolta India reported audited FY25 results with zero revenue from operations and a net loss of Rs. 26.06 crores (vs Rs. 1,018.95 crores loss in FY24, which included a Rs. 994.28 crores deferred tax write-off). The auditor (Shah & Tantri) issued an Adverse Opinion on both standalone and consolidated results, stating the financials do not give a true and fair view. The company is under CIRP since January 19, 2023, with a Resolution Professional in charge; the Committee of Creditors approved a resolution plan in August 2024 but it is pending NCLT approval, with the next Supreme Court hearing on August 13, 2025. Net worth is deeply negative at Rs. (6,113.53) crores, with borrowings of Rs. 7,027.02 crores and a material uncertainty on going concern. Contingent liabilities include corporate guarantees of Rs. 6,268.80 crores invoked by US bondholders, plus fraud classification of accounts by Canara Bank and Bank of India.
This is a deeply distressed filing — the stock is effectively in resolution territory with zero operating revenue, negative net worth far exceeding total assets, and an adverse audit opinion citing going concern uncertainty. Shareholders face near-total wipeout risk if the NCLT-approved resolution plan is sanctioned; rejection or further delays could prolong the insolvency and erode any residual value.