Fitch Ratings has assigned Rolta Americas LLC's proposed US dollar senior unsecured notes an expected rating of 'BB-(EXP)'.

The notes will be unconditionally and irrevocably guaranteed by India's Rolta India (Rolta; BB-/Stable) and are therefore rated at the same level as Rolta's foreign-currency senior unsecured rating of 'BB-'.

The final rating of the proposed notes is contingent upon the receipt of documents conforming to information already received.

Shares of the company declined Rs 0.95, or 0.89%, to trade at Rs 105.50. The total volume of shares traded was 144,878 at the BSE (1.38 p.m., Tuesday).