Kellton Tech Solutions

Kellton Tech Solutions Limited's Board of Directors approved the issuance of up to $40 million in Foreign Currency Convertible Bonds (FCCBs). The issuance follows member approval obtained at the Annual General Meeting held on September 30, 2025. The board also constituted a Securities Issuance Committee to determine and finalize detailed terms and conditions of the FCCBs and handle associated matters. The company will provide updates to stock exchanges on material milestones of the proposed FCCB issuance, including terms confirmation, documentation progress, expected timelines, and approvals as they develop.

Kellton Tech Solutions has been selected by the United Nations Population Fund (UNFPA) to build next-generation AI solutions for global impact. The company will design and deliver Generative AI-driven applications to strengthen digital innovation and human-centered transformation across UNFPA's global programs. The collaboration aims to accelerate progress toward UN Sustainable Development Goals by integrating responsible AI practices with UNFPA's vision of ensuring health, rights, and well-being. Kellton expects this strategic win to accelerate its growth trajectory, enhance its presence in global markets, and add value to its order book and financial performance. The partnership reinforces Kellton's position as a trusted AI and digital transformation partner for global institutions and the public sector.

Kellton Tech Solutions Limited successfully conducted its 31st Annual General Meeting on September 30, 2025, where all 10 proposed resolutions were passed with requisite majority through e-voting. Key approvals include adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025, re-appointment of Mr. Srinivas Potluri as director, re-appointment of M/S. Anant Rao & Mallik as statutory auditors for second term, and appointment of Mr. N.V.S.S. Suryanarayana Rao as secretarial auditor for 5 years. The company also approved significant fundraising initiatives including issuance of Foreign Currency Convertible Bonds up to USD 50 million and raising funds up to INR 250 crore through equity shares and other eligible securities. Additional approvals included increasing authorized share capital from INR 60 crore to INR 100 crore, enhancing borrowing limits from INR 500 crore to INR 750 crore, and empowering the company to give loans or invest funds in excess of limits under Section 186 of the Companies Act, 2013. The meeting had 75 participants through video conferencing, with a record date of September 23, 2025, covering 207,341 total shareholders.