Rossell Techsys to raise about Rs 300 crore via preferential issue to SBI Mutual Fund

Fund Raising View source PDF Explain this filing

ROSSTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹1357.90

prior close

₹1406.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-0.7% vs market

Aerospace & Defense peers, median of 25sector+0.8%+0.1% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.1 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.0

15m

-1.0

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+1.6-0.7+0.8+0.1

Next day

-0.3+1.5-1.7+2.2-2.5

+9.9+1.9+8.0+1.8+8.1

+6.8+3.2+3.6+1.5+5.4

+4.2+1.7+2.5+0.5+3.7

+3.0+2.0+1.0+0.6+2.4

+8.3+1.4+6.9+0.6+7.7

15d

+15.5-0.8+16.3-0.4+15.9

+8.4-2.5+10.9-0.6+9.0

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved issue of 25,72,898 equity shares at Rs 1,166 each (including Rs 1,164 premium) to SBI Mutual Fund and SBI Optimal Equity Fund via preferential allotment, raising about Rs 300 crore. Post-issue, SBI funds will hold 6.39% stake (SBI MF 5.75%, SBI Optimal Equity Fund 0.64%). EGM scheduled for October 15, 2026 for shareholder approval.

Likely market impact

About 6.39% dilution as Rs 300 crore raised from marquee SBI Mutual Fund via preferential issue. Subject to shareholder approval on Oct 15.