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Rolta India Ltd.

BSE: 500366 Sector: IT
NSE: ROLTA ISIN Code: INE293A01013
BSE 00:00 | 24 Apr 2020 Rolta India Ltd
NSE 05:30 | 01 Jan 1970 Rolta India Ltd

News Clarification Sought From The Company

November 22, 2019, 7:59 pm | Source: BSE

This is in reference to the news article appearing on www.bloombergquint.com November 19 2019 titled Rolta Moves Bombay High Court Against NCLTs Order to Initiate Insolvency Proceedings.

The Company has challenged the purported order of NCLT dated 22nd October 2019 (Purported Order) for appointment of an Interim Resolution Professional.

The Writ Petition was filed by the Company on November 15 2019 and has been heard by the Honble Bombay High Court on various dates thereafter. The final hearing in the Writ Petition was concluded today and the matter has been reserved for orders on Monday November 25 2019 at 3:00 PM

Accordingly the Writ Petition filed by the Company remains sub-judice.

The above announcement is filed under regulation 30 of SEBI (LODR) 2015.