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Rossell India Ltd was incorporated in 1994 by Mr. H.M. Guptaas Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and 9…
Rossell India promoter Harsh Mohan Gupta gifted 35,79,170 shares (9.49% stake) to his daughter, Ms. Samara Gupta, also part of the promoter group, through an off-market inter-se transfer. His individual shareholding decreased from 39.49% to 30.00%. This is an internal promoter group transaction, with no change to the overall promoter...