Rossell Techsys Announces Rs 3 Billion Fundraise

11 Nov 2025 CW Team

Rossell Techsys, a leading provider of high-reliability engineering and manufacturing solutions for the aerospace and defence sector, announced that its Board of Directors has approved a fundraise of up to Rs 3 billion. The capital will be raised through fully paid-up equity shares and/or other eligible securities, including a Qualified Institutions Placement (QIP), in accordance with applicable regulations.

The Company is evaluating multiple avenues for organic expansion and anticipates strong growth across its existing business lines. The proposed QIP will enable Rossell Techsys to strengthen its balance sheet and support its next phase of capability development. The proceeds will be deployed towards capital expenditure, working capital, general corporate purposes, and other permissible uses.

Commenting on the development, Rishab Gupta, Managing Director, Rossell Techsys, said, “This capital infusion will support our growth and capability expansion plans while strengthening our financial position. It will enable us to scale effectively and continue delivering high-reliability solutions to our global customers. We remain committed to prudent capital allocation and long-term value creation for all stakeholders.”

To facilitate the fundraise, the Company has initiated a postal ballot seeking shareholder approval, with e-voting scheduled from November 4 to December 3, 2025.

Earlier in August 2025, Rossell Techsys reported its strongest quarterly performance to date, with a 94 per cent year-on-year increase in total income. The Company will announce its financial results for the quarter ending September 2025 on November 10, 2025.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..