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Rolta India Overhauls Board as NCLT-Approved Resolution Plan Takes Effect

Story Highlights
  • Rolta India has formed an interim board, appointing three new non-executive directors under the oversight of its Monitoring Committee.
  • Managing director Kamal Krishan Singh and executive director Rangarajan Sundaram have stepped down amid the company’s court-approved restructuring process.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rolta India Overhauls Board as NCLT-Approved Resolution Plan Takes Effect

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Rolta India Limited ( (IN:ROLTA) ) has issued an announcement.

Rolta India Limited has reconstituted its board in line with the recently approved resolution plan, with the Monitoring Committee appointing Yuvraj Goenka, Deepak Chauhan and Nagamallesh Gattu as non-executive, non-independent directors to form an interim board that will function under the Committee’s instructions until the formal transfer date. At the same time, long-serving managing director Kamal Krishan Singh and executive director Rangarajan Sundaram have ceased to hold their positions effective 18 December 2025, marking a significant leadership transition as the company progresses through its court-approved restructuring, a move that is expected to reshape its governance and could have material implications for creditors, investors and other stakeholders.

More about Rolta India Limited

Rolta India Limited is an Indian technology company based in Mumbai, traditionally focused on providing IT, geospatial and engineering solutions to domestic and international clients. The company is currently under a resolution process overseen by a Monitoring Committee following approval of a resolution plan by the National Company Law Tribunal, reflecting an ongoing restructuring of its ownership and governance framework.

Average Trading Volume: 54,488

Technical Sentiment Signal: Sell

Current Market Cap: 277M INR

For a thorough assessment of ROLTA stock, go to TipRanks’ Stock Analysis page.

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