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| Exchange Received Time 21/11/2018 17:48:59 Exchange Disseminated Time 21/11/2018 17:49:08 Time Taken 00:00:09 | | Under reference of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, kindly note that the Company has now been served a copy of the petition filed by the Advocate & Solicitors dated 15 November 2018 of the certain holders of US$200,000,000 10.75% Senior Notes due 2018 and US$ 300,000,000 8.875% Senior Notes Due 2019 issued by Company's wholly owned subsidiaries namely, Rolta LLC and Rolta Americas LLC respectively (hereinafter referred as 'Senior Notes') constituting around 23% of Senior Notes before the National Company Law Tribunal, Mumbai Bench for seeking reliefs against the Company under Section 7 of The Insolvency and Bankruptcy Code 2016. The aggregate amount of default claimed is US$ 146,050,963.55 including principal & accrued interest till 14 November 2018. The relief has been sought against the Parent Guarantor i.e., Rolta India Ltd. |
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