Rossell Techsys to Raise ₹300 Cr via Preferential Issue

Rossell Techsys Limited's Board of Directors has approved a preferential issue of up to 25,72,898 equity shares to SBI Mutual Fund & SBI Optimal Equity Fund. The issue aims to raise approximately ₹300 crore at a price of ₹1,166 per share. This move is subject to shareholder and regulatory approvals. An Extraordinary General Meeting (EGM) has been convened for October 15, 2026, to seek shareholder consent for this fund-raising proposal. The shares are being issued on a private placement basis in accordance with SEBI ICDR Regulations and the Companies Act, 2013.