Kellton Tech Solutions announced it has won the first prize at the Securities Market TechSprint 2026, a national innovation challenge organized by the Securities and Exchange Board of India (SEBI). The award recognizes the company’s agentic AI compliance solution, NIYAMA, developed for translating regulatory text into machine-actionable logic.

The result was declared at the closing ceremony of the Global Fintech Fest 2026, held at Jio World Centre in Mumbai on September 11, 2026. The competition focused on the theme "Innovation in Action: Shaping Securities Market for Tomorrow," bringing together teams from across India to develop prototypes aligned with SEBI’s objectives.

Competition Scale and Selection

The TechSprint involved a rigorous multi-stage evaluation process. Of the 525 teams registered nationally, more than 340 advanced to develop and submit working prototypes. The field was subsequently narrowed to 145 teams for the demonstration stage, followed by 25 teams shortlisted for the Jury Round.

Entries were evaluated on market impact, technology and innovation, feasibility, scalability, and alignment with regulatory goals. Kellton’s entry emerged as the top performer among the final three teams selected.

NIYAMA: Agentic Compliance Solution

Kellton’s winning solution, NIYAMA, was developed by its AI Practice and Centre of Excellence. It addressed "Problem Statement 2" (Agentic Compliance), which required translating SEBI’s regulatory text into auditable compliance logic for market intermediaries.

NIYAMA functions as a compliance compiler. A network of agents parses each circular clause into executable rules-as-code. Every rule is gated by compliance-officer sign-off and supported by continuous evidence binding, breach detection, and a hash-chained audit trail.

What the Numbers Show

The competition data indicates a high attrition rate from registration to final selection, with only approximately 4.8% of registered teams (25 out of 525) reaching the Jury Round. This suggests that while interest in fintech innovation is high, few solutions meet the rigorous feasibility and scalability criteria set by SEBI and market infrastructure institutions. Kellton’s success places it in this top tier of viable enterprise-grade AI solutions.

Strategic Implications

The win underscores Kellton’s engineering depth in applying agentic AI to regulated environments where auditability and human accountability are critical. It adds momentum to the company’s presence across the BFSI and RegTech segments.

Karanjit Sing, CEO, APAC, Kellton, stated that regulation often fails not due to lack of intent but due to challenges in implementation. He noted that NIYAMA demonstrates how agentic AI can bridge this gap by turning complex requirements into machine-actionable logic while keeping human oversight at the core.

"Winning the Securities Market TechSprint strongly validates Kellton's ability to engineer responsible, enterprise-grade AI solutions for highly regulated environments," Sing said. "It further strengthens our capabilities at the intersection of AI, financial services, and regulatory technology."

About Kellton Tech Solutions

Kellton is an AI-led digital transformation and technology consulting company with global delivery capabilities. It partners with enterprises to build scalable digital platforms, modernize operations, and accelerate intelligent automation. With over 2,000 professionals across North America, Europe, the Middle East, and Asia, the company delivers solutions across cloud, data, AI, enterprise platforms, and digital product engineering.

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.