Rolta India Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
Rolta India Limited has informed the stock exchanges that the 35th Meeting of its Committee of Creditors (CoC) will be held on 9th June 2025. The meeting will discuss matters related to the ongoing Corporate Insolvency Resolution Process (CIRP) of the company. The intimation has been filed by the appointed Resolution Professional, Dr. CS Adv Mamta Binani, under SEBI listing regulations. This is a routine procedural update as the company continues to operate under insolvency proceedings.
No immediate impact on shareholders. The company remains under CIRP, meaning its shares continue to be thinly traded and highly risky. Shareholders should track progress of the resolution plan being considered by the CoC, as the outcome will determine any recovery for equity holders, who are last in the priority list.