As per the attachment.
Awaiting price reaction for this filing.
The NCLT Mumbai Bench has orally pronounced an order on December 15, 2025, approving the resolution plan for Rolta India Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016. The resolution plan, dated April 22, 2024 (with an addendum dated May 17, 2024), was submitted by Ashdan Properties Private Limited. Dr. CS Adv Mamta Binani is the Resolution Professional overseeing the process. A detailed disclosure covering the treatment of existing securities (shares, debentures, etc.) will be made once the written order is made available to the company.
This is a major milestone as NCLT approval signals the near-completion of the company's insolvency resolution process. Existing shareholders should brace for significant dilution or restructuring of their holdings; the exact impact on equity value will only be clear once the securities treatment is disclosed with the written order.