Rossell Techsys to Raise up to ₹ 300 Crores for Growth and Capability Expansion

Rossell Techsys Limited, a leading provider of high-reliability engineering and manufacturing solutions for the aerospace and defence sector, has announced a fundraise of up to ₹ 300 Crores. The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or other eligible securities, including through a Qualified Institutions Placement (QIP). The proceeds will be utilized towards capital expenditure, working capital requirements, general corporate purposes, and such other purposes as may be permitted under applicable law. The Company is focused on prudent capital deployment and long-term value creation for all stakeholders.