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Rolta

NCLAT rejects DoT plea against Rolta resolution plan over ₹469 crore dues

The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeal filed by the Department of Telecommunications (DoT) challenging the resolution plan for debt-ridden Rolta India Ltd, holding that the plan has already been approved and implemented. The DoT had challenged the resolution plan approved by NCLT while claiming statutory dues of Rs 469.09 crore towards unpaid licence fees. A three-member NCLAT bench upheld the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which on December 15, 2025, approved the Rs 900-crore resolution plan submitted by Ashdan Properties for Rolta India, a multinational technology company. The tribunal observed that Rolta's resolution plan had already been implemented, with the NCLT closing the company petition on February 2, 2026. Moreover, DoT never raised the issue of categorisation of its claims before the NCLT during hearings. "The resolution process having attained finality and the plan having been acted upon, ...

NCLAT rejects DoT plea against Rolta resolution plan over ₹469 crore dues
Updated On : 02 Aug 2026 | 11:15 AM IST

S&P downgrades Rolta credit rating to default

Credit analyst says company failed to pay $6.8 mn interest due on its 2018 senior unsecured guaranteed notes even after 30-day expiry period

S&P downgrades Rolta credit rating to default
Updated On : 20 Jun 2016 | 3:59 PM IST

S&P, Fitch downgrade Rolta

S&P Global Ratings on Monday lowered its long-term corporate credit rating on Rolta India to 'CCC-' from 'B+'

S&P, Fitch downgrade Rolta
Updated On : 30 May 2016 | 3:22 PM IST

Rolta wins multi-year multi-million Pound GIS Contract from UK Power Networks

UK Power Networks is a major utility company that delivers electricity to London, the South East and the East of England

Rolta wins multi-year multi-million Pound GIS Contract from UK Power Networks
Updated On : 03 May 2016 | 1:48 PM IST