BSERolta India LtdCriticalNegative
Announced Mon, 9 Jun · 15:35 IST

As per the attachment.

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rolta India, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), held its 35th meeting of the Committee of Creditors on June 9, 2025. The CoC discussed the CIRP costs, the status of the application pending before the NCLT Mumbai Bench for approval of the Resolution Plan, and related incidental matters. The filing is signed by the Resolution Professional, Dr. Mamta Binani, confirming that the company remains in the insolvency resolution stage. No resolution plan approval has been granted yet by the NCLT.

Likely market impact

Shareholders continue to face uncertainty as the company's fate depends on NCLT approval of the resolution plan. Until the plan is approved and implemented, equity holders remain at risk of significant dilution or loss, with the outcome hinging on the NCLT's decision.