Mumbai based IT products and solutions provider Rolta, today announced the successful pricing of 10.75% Senior Notes in the international markets, worth $200 million (around Rs 1,090 crore).

Rolta, Mumbai-based IT products and solutions provider is all set to hit the road to raise $200 million (around Rs 1,080 crore) through the issuance of bonds through its international subsidiary.

Rolta, provider of IT consulting, solutions and services, today announced the acquisition of AT Solutions Group, the parent of AdvizeX Technologies for $32 million (around Rs 175 crore), including escrows and earn-outs.

IT solutions provider Rolta India today posted a consolidated net profit of Rs 63.21 crore for the July-September quarter this year against Rs 62.16 crore in the same period last year.

Rolta India has soared almost 5% at Rs 79.40 after the IT software services firm said that it has redeemed the outstanding foreign currency convertible bonds (FCCB), amounting of $134.7 million including redemption premium of $38 million on the due date.

Rolta India on Monday said it has acquired ACLS Systems, FZC, a public system and emergency response software company, through a complete asset purchase.

IT software product manufacturer Rolta India today said it has acquired ACLS Systems, FZC, through a complete asset purchase.

Software services firm Rolta India Ltd is pursuing small acquisitions in the range of $5-$10 million each, in a bid to improve its technological base, a top official said.

Rolta is trading higher by 4% at Rs 152 after the company announced that it sold its 50% stake in Shaw Rolta Ltd. (SWRL) to joint venture partner Stone & Webster, a subsidiary of the Shaw Group, Inc.

Software services firm Rolta India on Monday posted a 33 per cent rise in September quarter profit, surpassing analysts' expectations, helped by investments in intellectual property and a sharp rise in revenue from enterprise IT solutions.

Rolta India Ltd expects to grow by more than 15 per cent in fiscal 2012, as the licenses signed this year start bringing in revenue as the IT firm taps opportunities in a resurgent domestic market, its chief financial officer said.

Mumbai-based Rolta, an IT solutions and services firm, has acquired geo-imaging technologies from Canada based PCI Geomatics Enterprises.

Rolta India's stock has been outperforming the broader indices in the last six months on hopes of an upturn in the fortunes of the information technology (IT) sector.

Total income decreased by 6% to Rs 401 crore for the quarter ended March 31, from Rs 424 crore in the same period last year, the company said in a filing to the Bombay Stock Exchange.

Rolta India is trading up 2% at Rs 196 after the company acquired US-based IT consulting firm OneGIS for an undisclosed amount.

Rolta India has repurchased $15 million (over Rs 70 crore) of the outstanding foreign currency convertible bonds (FCCBs).

IT firm Rolta India said its consolidated net profit grew two-fold to Rs 133.14 crore in the third quarter ended March 31, over the corresponding period a year ago.

Market rumours On Tuesday pulled down the stock of Rolta, a Mumbai-based software services firm, by almost 60 per cent during intra-day trading. However, the stock recovered later and ended the day at Rs 87.10, down 17.75 per cent.