Kotak Mutual Fund bought 1,507,859 shares of Rossell Techsys for ₹135.71 Cr at ₹900.00 apiece in a block deal.
An aerospace and defence company incorporated in 2020, Rossell Techsys operates in specialized manufacturing and engineering sectors serving India's defence and space industries. The company focuses on precision engineering, advanced component manufacturing, and system integration for defence applications. It caters to government and private sector clients requiring cutting-edge aerospace and defence solutions, positioning itself as a key supplier in India's growing defence technology ecosystem.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.