With reference to the earlier Press Release dated February 07, 2017 submitted to exchange, the Company had requested Standard & Poor’s Singapore (S&P) for withdrawal on ratings related to Unsecured Bonds as currently the company’s financial and legal advisors are discussing with the financial and legal advisors of adhoc committee of bond holders to find appropriate solution in respect of unsecured issued by US subsidiaries of company, Rolta India has now informed that as informed by S&P, the credit ratings stands withdrawn.
The above information is a part of company’s filings submitted to BSE.