Fitch Ratings has affirmed Rolta India (Rolta) long-term foreign-and local-currency issuer default ratings (IDRs) at 'BB-'. The outlook is stable.

Fitch also has affirmed the company's foreign-currency senior unsecured rating at 'BB-' as well as Rolta LLC's 10.75% USD 200 m guaranteed senior notes due 2018 at 'BB-'. Rolta LLC is a wholly owned subsidiary of Rolta, a diversified company with interests in IT and geospatial services.

The company has changed its financial year-end from June 30 to March 31. The ratings factor in Rolta's estimated results for the nine months ended March 2014.

Shares of the company declined Rs 2.15, or 2.71%, to settle at Rs 77.05. The total volume of shares traded was 218,649 at the BSE (Friday).