On November 1, 2025, Rossell Techsys Limited announced significant plans to raise up to ₹300 crores through a board-approved fundraising initiative. The decision was made during a board meeting that commenced at 15:30 and concluded at 17:30 the same day. The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or convertible securities, leveraging various methods such as Qualified Institutions Placement (QIP), preferential allotment, rights issue, or public offering. The board retains the flexibility to determine the terms of the issuance, including pricing and the categories of eligible investors.
The funds raised from this initiative will be strategically allocated for purposes including capital expenditure, working capital, and other general corporate needs as deemed appropriate by the board. In conjunction with this capital raise, the company plans to conduct a postal ballot to obtain approval from shareholders via a special resolution for the issuance of securities. This step is crucial for ensuring compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Rossell Techsys, listed on both the BSE (Scrip Code: 544294) and NSE (Symbol: ROSSTECH), aims to strengthen its financial position through this capital infusion. The decision reflects the company's commitment to enhancing its operational capabilities and growth potential. As the market evolves, this fundraising initiative positions Rossell Techsys to capitalize on emerging opportunities and meet its strategic objectives effectively.