ROLTANSERolta India Limited· Computers - SoftwareCriticalNeutral
Announced Mon, 15 Dec, 2025 · 16:27 IST
NCLT approves resolution plan for Rolta India
Price reaction
Awaiting price reaction for this filing.
AI summary
NCLT Mumbai has orally pronounced its order on December 15, 2025 approving the resolution plan for Rolta India submitted by Ashdan Properties Private Limited under Section 31 of the Insolvency and Bankruptcy Code. The plan was dated April 22, 2024 with an addendum on May 17, 2024. A written order is awaited and a detailed disclosure on treatment of existing securities will follow later.
Likely market impact
Existing shareholders face uncertainty. Equity is likely to be diluted or restructured under the approved plan once the written order is issued.