ROSSTECH, an aerospace and defence engineering solutions provider, has approved a fundraise of up to ₹300 crores through equity shares and other securities, including a Qualified Institutions Placement.
The funds will be used for capital expenditure, working capital, and general corporate purposes. The company has initiated a postal ballot for shareholder approval, with e-voting scheduled from November 4 to December 3.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.
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