ROLTANSERolta India Limited· Computers - SoftwareCriticalNeutral
Announced Fri, 19 Dec, 2025 · 17:44 IST
Rolta India: Monitoring Committee set up after NCLT clears Ashdan Properties plan
Price reaction
Awaiting price reaction for this filing.
AI summary
NCLT Mumbai approved the resolution plan submitted by Ashdan Properties Private Limited for Rolta India on December 15, 2025. A Monitoring Committee has now been constituted to oversee implementation and manage day-to-day operations until the transfer date. The erstwhile Resolution Professional will be part of this committee and will act as the key decision-making authority during the implementation period.
Likely market impact
Positive step in the insolvency resolution process, signalling progress toward company revival. Existing equity holders typically face dilution under such plans.