Bengaluru firm Rossell Techsys to get relisted

Bengaluru-based Rossell Techsys, an Aerospace and Defence Solutions firm, said it would get relisted on Indian bourses on December 9, following a demerger from its parent company Rossell India Limited in August 2024.

The spun off from Rossell India was a strategic move that would allow the new company to access new markets independently, and look at more enhanced growth, the company said on Thursday.

Rishab Gupta, Managing Director, Rossell Techsys said, ‘‘The listing signifies our readiness to embrace opportunities as an agile, forward looking, customer centric organisation.’‘

As a listed entity, Rossell Techsys would continue to focus on expanding its global footprint, advancing its R&D capabilities, and fostering robust partnerships to meet the evolving needs of the aerospace and defence sectors, it said.