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 Urban

01 Dec 2025

Modi Marks 550 Years of Partagali Math in Goa

Prime Minister Narendra Modi addressed the 550th-year celebration of the Shree Samsthan Gokarn Partagali Jeevottam Math in Goa, describing the occasion as a moment of deep spiritual calm. He noted that the Math, despite centuries of change, has remained a guiding institution rooted in tradition while adapting to the times. He highlighted its long-standing role in linking sadhana with service and in providing stability, values, and continuity to society.Marking the anniversary, the Prime Minister unveiled a 77-ft bronze statue of Lord Ram and inaugurated a Ramayana Theme Park on the premises. H..

Shimla Halts NHAI Tunnel Work after Road Depression and Home Cracks

The Shimla district administration has ordered an immediate halt to all construction on the twin tube tunnel under National Highway-05 after a large depression surfaced on the Mehli–Dhali Road and structural cracks appeared in several nearby homes. The decision follows growing safety concerns triggered by the recent landslide at Bhattakufar.District Magistrate Anupam Kashyap has written to the Project Director of the National Highways Authority of India (NHAI), instructing that all excavation, blasting and related activities under the Shimla Bypass Package-II be stopped without delay. The bl..

ALIMCO Marks 53 Years with New Logo, EV Scooter and Wheelchair Tech

ALIMCO celebrated its 53rd Foundation Day with the unveiling of a refreshed corporate identity and the launch of next-generation mobility solutions designed to enhance independence for Divyangjan and senior citizens. The event, attended by Union Minister for Social Justice & Empowerment Dr Virendra Kumar and Minister of State B L. Verma, underscored the organisation’s expanding role in India’s inclusion and accessibility landscape.Dr Virendra Kumar highlighted ALIMCO’s evolution from a manufacturing unit into a national institution rooted in innovation and empathy. He noted that more..