Till 02:15 PM; a combined 3.19 million equity shares representing 8.4 per cent of total equity of Rossell Techsys changed hands on the NSE and BSE.
Aerospace and defence engineering solutions provider Rossell Techsys on Monday said its Board has approved a proposal to raise up to Rs 300 crore through various instruments, including QIP, to fuel its next phase of growth. Rossell Techsys said it anticipates growth opportunities in its existing operations and continues to evaluate avenues for organic expansion. Rossell Techsys Limited's Board of Directors has approved a fundraise of up to Rs 300 crores. The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or other eligible securities, including through a Qualified Institutions Placement (QIP), in accordance with applicable law, the company said in a statement. It has already initiated a postal ballot seeking shareholder approval, with e-voting scheduled from November 4 to December 3. "This capital infusion will support the company's growth and capability expansion plans and strengthen our financial position, enabling us to continue build
The board of directors of Rossell Techsys is scheduled to meet on Wednesday, August 13, 2025, to approve and take on record the unaudited financial results for the quarter ended June 30, 2025.