Bengaluru agency Rossell Techsys to get relisted

Bengaluru-based Rossell Techsys, an Aerospace and Defence Options agency, mentioned it will get relisted on Indian bourses on December 9, following a demerger from its mother or father firm Rossell India Restricted in August 2024.

The spun off from Rossell India was a strategic transfer that will permit the brand new firm to entry new markets independently, and take a look at extra enhanced progress, the corporate mentioned on Thursday.

Rishab Gupta, Managing Director, Rossell Techsys mentioned, ‘‘The itemizing signifies our readiness to embrace alternatives as an agile, ahead trying, buyer centric organisation.’‘

As a listed entity, Rossell Techsys would proceed to deal with increasing its international footprint, advancing its R&D capabilities, and fostering sturdy partnerships to satisfy the evolving wants of the aerospace and defence sectors, it mentioned.