Kellton Tech Solutions Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting

Kellton Tech Solutions Ltd. has announced a board meeting approving the issuance of $10 million 6.50% senior unsecured foreign currency convertible bonds (FCCBs) maturing in 2035. The issue price floor is set at Rs. 107 per share. Final investor details will be confirmed post the open offer process. This fundraising aims to strengthen Kellton’s capital base with convertible foreign currency debt, supporting its growth ambitions.