Rossell Techsys has approved a proposal to raise ₹299.99 crore through the private placement of 25.72 lakh fully paid-up equity shares to SBI Mutual Fund and SBI Optimal Equity Fund. The shares will be issued at ₹1,166 per equity share, comprising a face value and a premium of ₹1,164 per share. As part of the proposed issue, SBI Mutual Fund will be allotted 23,15,609 shares, representing a 5.75% stake in Rossell Techsys, while SBI Optimal Equity Fund will receive 23,15,609 shares, equivalent to a 0.64% stake, as stated by the company. The proposed fundraise is subject to shareholder approval, with Rossell Techsys convening an extraordinary general meeting on October 15, 2026, to seek the requisite approval. Rossell Techsys operates across end-to-end design, custom engineering, manufacturing and lifecycle support for the aerospace, defence and adjacent industries. The fundraise proposal comes after the company reported strong financial performance in Q1 FY27, with consolidated net profit rising 116.36% year-on-year to ₹7.14 crore, while revenue increased 77.09% to ₹154.46 crore compared with Q1 FY26.
SBI Funds to Invest ₹300 Crore in Rossell Techsys Through Equity Issue
