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Rolta India Ltd.

BSE: 500366 Sector: IT
NSE: ROLTA ISIN Code: INE293A01013
BSE 00:00 | 06 Dec 4.90 -0.07
(-1.41%)
OPEN

4.95

HIGH

5.09

LOW

4.75

NSE 00:00 | 06 Dec 4.80 -0.15
(-3.03%)
OPEN

4.95

HIGH

5.10

LOW

4.75

OPEN 4.95
PREVIOUS CLOSE 4.97
VOLUME 31370
52-Week high 12.98
52-Week low 3.65
P/E 0.23
Mkt Cap.(Rs cr) 81
Buy Price 4.90
Buy Qty 192.00
Sell Price 4.99
Sell Qty 197.00
OPEN 4.95
CLOSE 4.97
VOLUME 31370
52-Week high 12.98
52-Week low 3.65
P/E 0.23
Mkt Cap.(Rs cr) 81
Buy Price 4.90
Buy Qty 192.00
Sell Price 4.99
Sell Qty 197.00

Rolta India Ltd. (ROLTA) - Chairman Speech

Company chairman speech

Business resilience is the ability an organization has to quickly adapt to disruptionswhile maintaining continuous business operations and safeguarding people assets andoverall brand equity. We are an example of such resilience. Businesses that remainresilient in the face of adversity actually begin to champion change in the marketplaceeventually becoming leaders.

Rolta brings together a rare combination of rich industry specific domain expertisedeep IT skills Geospatial and Engineering knowhow and accelerated delivery throughrepeatable IP led solutions. We deliver exceptional value to our customers empowering themto traverse through their Digital Transformation. This differentiated and holisticapproach has given us a significant competitive edge permitting Rolta to establish itselfas a mature global IT provider.

The power of a business now depends on its ability to manage the transition fromprocess maturity to data maturity. The Internet of Things (IoT) is about capturing datafrom machines and sensors; cloud is helping make the data available at scale as and whenneeded; automation and artificial intelligence are helping sift through enormousquantities of data; and analytics is helping derive insights and make useful predictionsfrom that data. Big Data Advanced Analytics is changing the way business is done and isgaining remarkable momentum world over.

Organisations now recognize the fundamental value of data and want to harness itsintrinsic value to reap huge benefits. Rolta's rich heritage of creating and designingdigital repositories enriched with IT geospatial and engineering data has uniquelypositioned the Company to analyse complex data patterns and thereby extract deep insightsfrom the digital data. This is enabling the Company to address the Industry 4.0 Digitalenterprise programs that asset and data intensive organisations are embarking on. Roltaleverages its patented technologies for real-time IoT integration of sensor data fromdisparate operations and business systems to offer cross functional visibility of all thecritical business functions with innovations incorporating Artificial IntelligenceMachine Learning Data Lake Diagnostic Predictive and Prescriptive Analytics to achieveBusiness Excellence.

Rolta understands that insights are acquired when one can see the world differently.Rolta specializes in the convergence of spatial data imagery business data networktopologies asset data operational status and event data. As these typically diverse andisolated information sources are converged new relationships emerge new patterns andtrends are visible and new levels of real-time operational decisions are made possible.Rolta Geospatial Fusion provides such impact for business and governments. Spatial andbusiness information convergence amplifies the insights that can be visualized. The speedof decision making is accelerated because of Rolta's integration technologies and rapidconfigurability of its solutions.

With close to 80% of the data having a locational context a rich digital geospatialrepository forms the foundation for a variety of programs such as Defence NationalSecurity Smart and Safe city including emergency response planning disaster managementnatural resource and utilities infrastructure management to name a few. Rolta has a trackrecord of creating seamless digital repositories comprising of up-to-date mapping andgeospatial information covering entire nations. Governments and their agencies require theright geographically referenced locational information and tools to respond to thenational agenda for achieving sustainable development. Rolta's rich heritage of creatinggeospatial repositories together with world class Geospatial Fusion IP in combination withanalytics has enabled Rolta to establish a track record of 400+ Smart City ande-Governance projects globally.

The modernisation and digital transformation of the Indian Defence has been accordedhighest priority for all future procurements. As an Indian organization with our ownindigenously developed IP Rolta is ideally positioned to address the large opportunitiesbased on the 'Make in India' vision and categorization "Buy Indian IDDM"(indigenously designed developed & manufactured) categorisation for procurementpromulgated by the Ministry of Defence (MoD) which is the most preferred category forprocurement by Indian Armed Forces.

Realtime decision making systems for Command Control Intelligence Surveillance andReconnaissance are an essential force multiplier for any modern army to leverage networkcentric warfare while synchronising intra and inter services military operations. Rolta isproud to have been deeply associated with the Indian Armed forces for 25+ years and hasdeveloped customised cutting-edge solutions for numerous Defence organisations. We arepoised to reap the benefits due to our established track record and relentless investmentsmade to create indigenous products and solutions for Indian defence.

The Company is working in close conjunction with various organisations and governmentbodies across the world to accelerate Enterprise Digital Transformation through its vastlibrary of IPs having many International Patents and 714 copyrights registrations.

Rolta continues to build and expand its domain rich business applications while alsoenhancing its reusable technology framework with the latest technology innovations.

Rolta continues to build and expand its domain rich business applications while alsoenhancing its reusable technology framework with the latest technology innovations. Thecompany made an announcement on the Stock Exchange's at Bombay Stock Exchange and NationalStock Exchange on May 11 2019 announcing an investment of Rs. 5500 crores by a reputedhigh tech international group "The Streamcast Group". Further in conjunction tothis the company executed Definitive Restructuring Services Agreement (RSA) withStreamcast Group on August 6 2019 under the terms of which Streamcast Group will assistRolta in repayment and restructuring its liabilities (including providing financialassistance) commencing with immediate effect.

With these steps the company now is set for growth by delivering next-generation worldclass technologies along with Streamcast proprietary and globally patented architecture toprovide next-generation technology services on sub-optimal networks using theSoftware-as-a-Services (SaaS) model from financial year 20-21 onwards.

K. K. Singh

Chairman & Managing Director

August 12 2019