Demerger provides enhanced access to capital and positions us favorably

Founded in 2011, Rossell Techsys specializes in aerospace and defense solutions, focusing on high-performance assemblies and sub-assemblies. Partnering global defense majors, it delivers mission-critical products from India. Spun off from Rossell India in August 2024, it was listed on the National Stock Exchange and BSE on December 9, 2024. Against this backdrop, its Managing Director RISHAB GUPTA discusses the demerger, space sector entry, revenue growth, defense focus, and expansion plans in an interview with Bhaswar Kumar in New Delhi. Edited excerpts:

- RISHAB GUPTA

Tell us about the recent developments at Rossell Techsys.

On December 9, Rossell Techsys began trading as an independent, publicly listed company following its demerger from parent company Rossell India, marking a milestone for the organisation. This transition will accelerate our growth in several ways. It provides enhanced access to capital, increases our visibility in the market, and positions us favorably amid rising demand for aerospace and defense (A&D) products. This achievement marks our first step in this new phase and lays a strong foundation for the next five to 15 months.

What prompted the timing of this decision?

The demerger process, though more complex and time-consuming than initially anticipated, was undertaken with the primary goal of fuelling growth. The timing of the listing is closely tied to this process, reflecting its strategic importance to our future trajectory. Today, we proudly serve 26 diverse customers, including several Fortune 500 companies, and have recently entered the space domain. This marks a significant milestone, as we have recently partnered leading US space companies to supply critical equipment for satellite applications.