Rolta takes principal membership in the OGC

Rolta India Ltd has announced that the Open Geospatial Consortium (OGC®) announced that the Company has joined the OGC as a Principal Member.

Principal Members have authority over the development, release and adoption of OpenGIS® Specifications through their voting rights in the OGC Planning Committee (PC). PC Members also evaluate and provide guidance on market direction and Consortium focus, have approval authority for OGC policies and procedures, and vote to elect members of the OGC Board of Directors.

Ben Eazzetta, President of International Operations for the Company, said. "Standards, and the OGC, are important vehicles for globalization. Most of our customers and partners around the world have oriented their IT operations toward open standards, and one reason is that standards enable them to do business with Companies like ours that know how to leverage standards to open their geospatial data to the enterprise level and provide extraordinary value." Mr. Eazzetta is a current board member of the consortium.

The stock was trading at Rs.358.45, up by Rs.6.80 or 1.93%. The stock hit an intraday high of Rs.361.90 and low of Rs.354.50. The total traded quantity was 237505 compared to 2 week average of 425180.

Source : Equity Bulls

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