Rolta India clarifies on Defence deal

K.S. Badri Narayanan Chennai | Updated on December 12, 2011

Rolta India today issued a clarification to the BSE on a recent media report, which had stated that the Indian Army's imagery interpretation capabilities, critical to providing information on the locations of enemy troops and their military assets, have been compromised by flawed contracts that it had with Rolta, a supplier of photogrammetric and geographical information system.

The report also had said that Rolta did not provide critical software upgrades and updates as part of this association with the Indian army.

According to the company's clarification, Rolta has been privileged to serve the Indian Armed Forces for over 20 years and is proud of its track-record, including in the Kargil conflict and Op Parakaram. The company is also deeply humbled by the hundreds of appreciation letters it has received, from its users in Indian Defence, lauding its efforts, especially in supporting the remotest of formations, in the most difficult of situations, over hazardous terrain and in actual operations.

The systems that Rolta provided have been thoroughly tested, accepted and validated in both peace-time and war-like conditions. Rolta has always met and exceeded its contracted deliverables, including delivery of various software updates and upgrades. As a part of these deliverables, Rolta as an OEM develops and provides an integrated system, built around Rolta Intellectual Property, which includes various specialised hardware, software and services for a militarised solution. This solution also incorporates commercial-off-the-shelf (COTS) software from third parties, such as Microsoft, Bentley, Intergraph, Oracle, etc. The company always takes extra care to ensure that all software is always delivered as per the licensing and end-user agreements, of each software provider.

Rolta has been able to deliver tremendous value to the Indian Defence Services over two decades. This has been made possible, due to an unmatched commitment by Rolta, in working shoulder-to-shoulder with Defence users and its huge investments of hundreds-of-crores in acquiring and developing world-class indigenous software that fully meets the stringent military requirements of Indian Armed Forces.

"It is for the first time ever that a news article has carried such allegations against the company. Rolta refutes these allegations, which are absolutely baseless and seem to have been made with mala-fide and motivated intentions, by vested/competitive interests, to defame the good name of Indian Defence Ministry/forces and Rolta," said the company statement.

The Rolta India stock was trading at Rs.57.75, down by Rs 1.40 or 2.40 per cent on the BSE at noon. The stock hit an intra-day high of Rs 60.70 and low of Rs 57.35. The total traded quantity was 0.46 lakh compared to 2-week average of 1.33 lakh.

Published on December 12, 2011

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