Kotak Mahindra Mutual Fund Acquires 18,47,117 Equity Shares in This Multibagger Defence & Aerospace Company; Promoters Sell Equivalent Stake via Bulk Deal
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Kotak Mahindra Mutual Fund acquired shares of Rossell Techsys through bulk deals, while promoter entities Rishab Mohan Gupta and Harsh Mohan Gupta & Son HUF sold an equivalent stake
✨ Key Takeaways
On Monday, Indian equity benchmark indices traded higher, with the benchmark Nifty 50 index rising 173.25 points, or 0.71 per cent, to 24,556.85. Amid the positive market sentiment, Rossell Techsys share price jumped 8.78 per cent to Rs 1,037.90 after bulk deal transactions involving Kotak Mahindra Mutual Fund and the company's promoter entities.
Kotak Mahindra Mutual Fund Acquires Shares
According to the bulk deal data, Kotak Mahindra Mutual Fund purchased a total of 18,47,117 equity shares of the company at an average price of Rs 900 per share through a bulk deal executed on the BSE.
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Download Service BrochurePromoters Pare Stake
On the sell side, Rishab Mohan Gupta, one of the company's promoters, sold 3,39,258 equity shares, while Harsh Mohan Gupta & Son HUF, also part of the promoter group, sold 15,07,859 equity shares, both at an average price of Rs 900 per share through bulk deals.
The total number of shares sold by the promoter entities matched the quantity acquired by Kotak Mahindra Mutual Fund, resulting in a promoter stake transfer through bulk deals.
Shareholding Pattern
As per the June 2026 shareholding pattern, the promoter holding in Rossell Techsys stood at 74.80 per cent. Foreign Institutional Investors (FIIs) held 1.68 per cent, while Domestic Institutional Investors (DIIs) held 0.78 per cent. Public shareholding stood at 22.74 per cent.
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About Rossell Techsys
Rossell Techsys Ltd is engaged in the design, development and manufacture of high-precision engineering products and Aerospace systems for the Defence and aerospace sectors. The company supplies mission-critical components and assemblies to domestic and global OEMs, serving both civil and defence aviation markets.
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Disclaimer: The article is for informational purposes only and not investment advice.