
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%.
Price Impact
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