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Kellton Tech Solutions LimitedBoard Meeting, 14-06-2025: Outcome of Board Meeting

14-06-2025 | 09:19 pm

Kellton Tech Solutions has announced a board meeting to approve raising up to ₹69.3 Cr through preferential issuance of 55 lakh convertible warrants at ₹126 each to promoter and non-promoter investors. The company also plans a 1:5 stock split, reducing the face value from ₹5 to ₹1 to boost liquidity and attract retail investors. This will increase paid-up shares from 9.75 crore to 48.75 crore, with the capital size remaining at ₹48.75 Cr. Shareholder approval will be sought at an upcoming EGM.

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