Saturday, July 26, 2008

Rolta Included In S&P 2008 Global Challengers List - July 26, 2008

Rolta has been included in the S&P Global Challengers ListTM by Standard & Poor’s (S&P). The S&P Global Challengers ListTM identifies 300 mid-size companies worldwide with a total market capitalization between US$ 1 to 5 Billion and have shown the highest growth characteristics. These companies are supposed to emerge as challengers to the world’s leading companies. Rolta is one of the two companies from India that have made it to this list.

The S&P Global Challengers ListTM of 2008 covers companies from all over the world and is based upon a robust methodology based with consistent standards applied to multiple countries. Two metrics of extrinsic growth – positive three-year share price appreciation and positive three-year sales growth – are used in conjunction with two metrics of intrinsic growth – positive three-year EPS growth and positive three-year employee growth, to arrive at this list.

According to the S&P report “Mid-caps positioned in the markets sweet spot – High growth mid-cap companies possess a strategic advantage relative to firms of smaller or larger sizes, having survived beyond their startup phases and offering stability as well as future growth opportunities. Having overcome the growing up pangs of small firms while possessing room for growth and expansion, mid-caps offer the best potential pool of companies, which could indeed be tomorrow’s leaders.”

According to Mr. K. K. Singh, Chairman & Managing Director, “We are extremely gratified by this recognition. Being selected as one of the two companies from India, that are part of The S&P Global Challengers ListTM 2008, is a further endorsement of our strong platform, cohesive strategies and unique business model, which have enabled us to grow consistently and placed us in an exceptional position to address large opportunities in India and internationally.”

About Rolta:

Rolta is an Indian multinational, which has executed projects in over 40 countries. The Company is in the area of Defence, Government, Infrastructure and Security markets, worldwide. Rolta serves its markets by providing innovative solutions in Geospatial Information Systems (GIS); Engineering & Design Services (EDS); and Enterprise Information & Communications Technology (EICT), which includes Software Development, Advanced Security, Network Management, Oracle Apps, ERP Consulting and Business Intelligence.

Headquarter of the company is in Mumbai, and it employs more than 5,000 professionals with a countrywide infrastructure and international subsidiaries all over the world.

The Company has benchmarked its quality processes with the world''s best quality standards. It is accredited with the prestigious BSI ISO/IEC 27001:2005 certification. Forbes Global has ranked Rolta amongst the "Best 200 Under a Billion" for four times in six years. Rolta has been included in the S&P Global Challengers ListTM 2008, by Standard & Poor’s. This List identifies 300 mid-size companies worldwide that have a total market capitalization between US$ 1 to 5 Billion and have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth.

The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The Company is also listed on BSE ''A'' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company''s GDR is listed on the Main Board of London Stock Exchange and its FCCB''s are listed on the Singapore Stock Exchange.

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