Rolta India Penalised ₹1.06 Lakh by NSE for Compliance Lapse Under SEBI Regulation 6
By Ankur Chandra | Updated at: May 31, 2025 10:46 PM IST
MUMBAI, May 21, 2025 — Rolta India Ltd (BSE: 500366 | NSE: ROLTA) has disclosed that it has received a notice from the National Stock Exchange of India Limited (NSE) imposing a penalty of ₹1,06,200 for non-compliance with Regulation 6 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
According to the company’s stock exchange filing dated May 21, the fine comprises a base amount of ₹90,000 along with ₹16,200 in GST. The non-compliance pertains to the company’s failure to appoint a Company Secretary as its Compliance Officer for the quarter ended March 31, 2025.
Details of the NSE Penalty
| Particular | Details |
|---|---|
| Authority | National Stock Exchange (NSE) |
| Violation | Regulation 6 of SEBI LODR |
| Penalty Amount | ₹90,000 + ₹16,200 GST = ₹1,06,200 |
| Cause of Non-Compliance | No appointment of Compliance Officer |
| Due Date for Payment | Within 15 days from May 20, 2025 |
| Impact on Financials or Operations | Nil, aside from the penalty amount |
In its official communication, the company stated that it is in the process of resolving the compliance lapse and intends to make the necessary submission to the stock exchanges shortly.
Company Statement
Rangarajan Sundaram, Executive Director of Rolta India, signed off the intimation stating that the company has acknowledged the penalty and is actively working on fulfilling the regulatory requirements.
About Rolta India Ltd:
Rolta India is a technology solutions provider engaged in business intelligence, geospatial solutions, and engineering design automation. The company is headquartered in Mumbai and has been listed on Indian stock exchanges since 1990. Over the years, it has faced multiple regulatory and operational challenges.
This latest compliance issue adds to the ongoing scrutiny of corporate governance practices across Indian companies. Investors are advised to monitor further developments in this matter.
REF: https://nsearchives.nseindia.com/corporate/ROLTA_21052025172846_Intimation_of_Regulation_6_Signed.pdf
