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Rossell Techsys shall primarily be engaged in Aerospace and Defence Business, and possibly adjacent technology domain areas
Rossell Techsys secured its first order from a new global semiconductor client for manufacturing electrical wire harnesses. This strategic international engagement, to be executed over 12 months, is a significant milestone expected to drive future growth and strengthen its global semiconductor presence.
Rossell Techsys' promoter group sold 18.47 lakh shares (~4.9% equity) to Kotak Mutual Fund for 166.24 Cr via a block deal. This reduces promoter holding from 74.80% to 69.90%, increasing the public float without any new share issuance.
Rossell Techsys reports record financial results for the quarter: Revenue surged 78% to ₹154.71 Cr, PBT jumped 139% to ₹9.60 Cr. Secured a major semiconductor customer and ₹240 Cr in new orders. A ₹300 Cr QIP is planned for capacity expansion and growth.
Rossell Techsys CEO was featured in The Times of India, discussing "How Aerospace Made India a Precision Engineering & Manufacturing Powerhouse." This article highlights the company's role in India's aerospace sector.
Rossell Techsys Limited has informed the Exchange about Addition in Promoter / Promoter group by way of gift of shares