Kellton Tech Solutions has scheduled a board meeting for September 23, 2026, to consider raising funds through the issuance of equity shares or other eligible securities. The proposal requires statutory and regulatory approvals.

The company disclosed the meeting under Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board will determine the specific terms and conditions for the issuance, including the permissible modes of raising capital.

What the Numbers Show

The disclosure indicates a strategic move to augment capital resources, though no specific amount or valuation metrics were provided in the intimation. The reliance on future regulatory approvals suggests the transaction remains conditional pending external clearances.

Kellton Tech Solutions has scheduled its 32nd Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will address key corporate actions, including a $50 million Foreign Currency Convertible Bond (FCCB) issuance and director re-appointments.

The Board approved these proposals in its meeting on September 5, 2026. The AGM will be conducted via Video Conference or Other Audio Visual Means (VC/OAVM). The notice was dispatched to members as on August 28, 2026.

AGM Schedule and E-Voting

The company has outlined specific dates for e-voting and the meeting. Shareholders holding securities as on September 23, 2026, are eligible to vote.

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). Members can access the voting portal via www.evoting.nsdl.com .

Fund Raising Details

The Board sought fresh shareholder approval to raise up to $50 million through FCCBs on a private placement basis. This follows an earlier approval that lapsed due to adverse geopolitical conditions.

The funds are intended to explore strategic growth opportunities, including potential acquisitions, and to address working capital needs. The issuance may occur in one or more tranches, subject to regulatory approvals from SEBI, RBI, and other authorities. The Board is authorized to determine pricing, terms, and timing based on market conditions.

Additionally, the company proposes to enhance its overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013, up to INR 750 crore.

Director Re-appointments

Two directors are up for re-appointment at the AGM:

• Srinivas Potluri: Retiring by rotation, Mr. Potluri is eligible for re-appointment as a Non-Executive Non-Independent Director. He holds an MBA from Northwestern University’s Kellogg School of Management and has over 31 years of global experience.
• Geeta Goti: Recommended for re-appointment as a Non-Executive Independent Woman Director for a second term of five consecutive years. Her new term will commence from September 6, 2027, ending on September 5, 2032. Ms. Goti brings nearly three decades of experience across government, private-sector organizations, and NGOs.

Both appointments require shareholder approval via Ordinary and Special Resolutions, respectively.