Rossell Techsys Promoter Group Sells Shares in Block Deal Transaction to Kotak Mutual Fund
Members of the Promoter Group of Rossell Techsys Limited executed a block deal transaction on July 31, 2026, selling equity shares to Kotak Mutual Fund. The transaction involved a total sale of 18,47,117 equity shares, representing approximately 4.9% of the Company's paid-up equity share capital.The sale was carried out by two key members of the Promoter Group: Harsh Mohan Gupta & Sons (HUF) and Mr. Rishab Mohan Gupta.
According to the details of the block deal transaction, the contributions from the selling parties were as follows:
| Seller | Shares Sold | Transaction Value |
|---|---|---|
| Harsh Mohan Gupta & Sons (HUF) | 15,07,849 | 135,70,64,100 |
| Mr. Rishab Mohan Gupta | 3,39,268 | 30,53,41,200 |
The transaction represents the transfer of existing equity shares by certain members of the Promoter Group and does not involve any fresh issuance of securities by Rossell Techsys Limited. Consequently, there is no change in the Company's paid-up share capital resulting from this sale.
Post-Transaction Shareholding Status
The block deal contributes to a shift in the company's promoter and public shareholding pattern. The pre-transaction details showed that the Promoters and Promoter group held 2,81,98,233 shares, constituting 74.80% of the total shareholding, while Public Shareholding stood at 94,98,242 shares (25.20%).Following the transaction, the Promoter Group's total holding decreased to 2,63,51,116 shares, which translates to a 69.90% stake in the company. The Public Shareholding stands at 1,13,45,359 shares, representing 30.10%.
The structure of the Promoter Group remains dominated by individuals and Hindu Undivided Families (HUF), with Harsh Mohan Gupta holding 1,48,87,913 shares (39.49%) and Rishab Mohan Gupta retaining a significant holding of 63,23,330 shares (16.77%).
ROSSTECH Stock Price Movement
Rossell Techsys Limited shares closed higher today, gaining 3.03% to reach ₹954.10. The equity traded a total volume of 223,249 shares during the day's session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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