StockWatch
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Aerospace & Defense
Deals31 Jul 2026, 06:20 pm

Rossell Techsys Promoter Group Sells 4.9% Stake via Block Deal

AI Summary

Rossell Techsys Limited announced that certain members of its Promoter Group sold an aggregate of 18,47,117 equity shares, representing approximately 4.9% of the paid-up equity share capital, through a block deal on July 31, 2026. The shares were sold to Kotak Mutual Fund. The sellers were Harsh Mohan Gupta & Sons (HUF) and Mr. Rishab Mohan Gupta. The total value of the transaction was ₹166.24 crore. This transaction involved the transfer of existing shares and did not result in any change to the company's paid-up share capital.

Key Highlights

  • Promoter Group sold 4.9% stake in Rossell Techsys via block deal.
  • Transaction involved 18,47,117 equity shares sold to Kotak Mutual Fund.
  • Total transaction value amounted to ₹166.24 crore.
  • No fresh issuance of securities; paid-up capital remains unchanged.
  • Post-transaction, Promoter and Promoter Group shareholding reduced to 69.90%.