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Rolta India decides not to extend the JV pact with Meprolight

08 Dec 2015

Rolta India has decided not to extend the joint venture (JV) arrangement between the company and Meprolight (1990). The agreement stands lapsed as the condition precedent to the share subscription and shareholders agreement has not been fulfilled within the stipulated timeline.

Rolta India conducts business in India, and internationally through subsidiaries in various countries. Rolta is a leading provider of innovative IT solutions built around its intellectual property for many vertical segments, including Federal and State Governments, Defence, Homeland Security, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.

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