As per the attachment.
Awaiting price reaction for this filing.
Rolta India reported a standalone loss after tax of Rs 6.66 crores in Q1 FY26 versus Rs 6.96 crores loss in Q1 FY25, with no revenue from operations and only Rs 2.38 crores of total income. The company is under Corporate Insolvency Resolution Process (CIRP) since January 19, 2023, and the CoC has already approved a resolution plan from the successful applicant (100% voting), but NCLT approval is still pending due to a Supreme Court appeal related to an alleged debt assignment by a related party (Rolta Private Limited). Total admitted creditor claims stand at Rs 14,074.13 crores, including bondholder claims of Rs 6,268.80 crores. Other equity is deeply negative at Rs (6,279.42) crores standalone and Rs (10,482.41) crores consolidated, reflecting complete net worth erosion. The auditor issued an Adverse Conclusion citing failure to test PPE impairment, unrecorded corporate guarantee obligations, RBI-pending forex adjustments, and unrecoverable subsidiary investments.
This is a deeply distressed stock still operating under insolvency proceedings; shareholders face extreme uncertainty as the company's survival depends entirely on NCLT approval of the resolution plan, which is held up by a Supreme Court case. The adverse audit opinion and going concern warning mean existing equity holders are likely to face significant dilution or wipeout once the resolution plan is approved.