Kellton Tech Solutions Allots 55 Lakh Convertible Warrants, Strengthens Financial Position

2 min read     Updated on 20 Sept 2025, 12:05 AM
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Shriram ShekharScanX News Team
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Overview

Kellton Tech Solutions has approved the allotment of 55 lakh convertible warrants on a preferential basis. Each warrant is convertible into one equity share with a face value of ₹5.00. The company has received 25% of the total consideration upfront, with the remaining 75% due upon conversion within 18 months. A Securities Issuance Committee has been authorized to oversee the process, ensuring compliance with SEBI regulations. The newly issued shares will rank pari passu with existing equity shares, subject to applicable lock-in periods.

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*this image is generated using AI for illustrative purposes only.

Kellton Tech Solutions has made a significant move to bolster its financial position by allotting 55 lakh convertible warrants on a preferential basis. This strategic decision, approved by the company's Board of Directors through a Resolution by Circulation on September 19, 2025, marks a potential influx of capital for the IT solutions provider.

Key Details of the Warrant Allotment

Detail Value
Number of Warrants 55,00,000
Conversion Ratio Each warrant is convertible into one equity share
Face Value ₹5.00 per equity share
Upfront Payment 25% of the total consideration received
Conversion Timeline Within 18 months from the allotment date
Conversion Flexibility Can be converted in one or multiple tranches

Financial Implications

The company has already received 25% of the total consideration upfront, with the remaining 75% payable upon conversion. This structure provides Kellton Tech with immediate access to capital while offering flexibility for future funding as the warrants are converted.

Governance and Oversight

To ensure smooth execution of this preferential issue, Kellton Tech's Board has authorized a Securities Issuance Committee. This committee will oversee all aspects related to the preferential issue, including:

  • Monitoring the issuance process
  • Managing the allotment of warrants and shares
  • Overseeing the receipt of funds
  • Handling necessary documentation
  • Managing regulatory filings
  • Coordinating applications for listing and trading of the resulting equity shares upon conversion

Regulatory Compliance

The allotment is in line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has assured that the newly issued shares, upon conversion, will be fully paid, issued in dematerialized form, and will rank pari passu with existing equity shares, subject to applicable lock-in periods as per SEBI ICDR regulations.

Potential Impact

This move by Kellton Tech Solutions could signify a strategic effort to raise capital for expansion, debt reduction, or other corporate purposes. The successful conversion of these warrants could lead to a notable increase in the company's equity base and potentially impact its shareholding structure.

Investors and market watchers will likely keep a close eye on the utilization of funds and the timeline of warrant conversions, as these factors could influence the company's future growth trajectory and market performance.

As the tech landscape continues to evolve rapidly, Kellton Tech's decision to issue convertible warrants may position it to capitalize on emerging opportunities in the IT solutions sector. Stakeholders will await further updates on how this capital infusion will translate into strategic initiatives for the company.

Historical Stock Returns for Kellton Tech Solutions

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Kellton Tech Powers Sony LIV's Stellar Performance During Asia Cup 2025

1 min read     Updated on 12 Sept 2025, 09:00 AM
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Ashish ThakurScanX News Team
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Overview

Kellton Tech Solutions Limited played a crucial role in improving Sony LIV's digital platform for the Asia Cup 2025. The company focused on cloud-native engineering, low-latency streaming, and large-scale digital transformation to ensure seamless delivery of the sporting event to millions of viewers. Kellton Tech's expertise in scalability, security, and speed contributed significantly to Sony LIV's live sports streaming capabilities during the tournament.

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*this image is generated using AI for illustrative purposes only.

Kellton Tech Solutions Limited (NSE: KELLTONTEC, BSE: 519602), a global leader in AI and digital transformation, has announced its pivotal role in enhancing Sony LIV's digital platform for the Asia Cup 2025. The Hyderabad-based company's expertise in cloud-native engineering and low-latency streaming technologies contributed significantly to the seamless delivery of the sporting event to millions of viewers.

Technical Excellence Drives User Experience

Kellton Tech's contribution focused on three key areas:

  1. Cloud-Native Engineering: Implementing robust cloud solutions to handle massive concurrent viewership.
  2. Low-Latency Streaming: Ensuring real-time content delivery with minimal delays.
  3. Large-Scale Digital Transformation: Enhancing the overall digital infrastructure to support high-quality streaming.

The company's technical prowess in scalability, security, and speed played a crucial role in supporting Sony LIV's live sports streaming capabilities during the tournament.

Setting New Benchmarks in Digital Sports Broadcasting

Niranjan Chintam, Director of Kellton Tech Solutions Limited, expressed pride in the company's achievement, stating, "By enabling scalability, security, and speed, Kellton is proud to help set a new global benchmark for digital sports broadcasting."

The success of this collaboration underscores the growing importance of technology in revolutionizing how audiences engage with live sports content. It also highlights the potential for OTT platforms to transform the landscape of digital entertainment.

Future Outlook

Kellton Tech remains committed to shaping the future of digital entertainment by building resilient, cutting-edge digital ecosystems. The company's involvement in high-profile events like the Asia Cup 2025 strengthens its position as a key player in the digital transformation space.

With over 1,800 employees across the United States, Europe, and the Asia-Pacific region, Kellton Tech continues to expand its global footprint in AI and digital services. The company's expertise spans various industries, including BFSI, manufacturing, hospitality, retail, healthcare, energy, and the public sector.

As digital platforms continue to evolve, Kellton Tech's role in powering seamless, large-scale digital experiences positions it at the forefront of the ongoing revolution in sports broadcasting and entertainment technology.

Historical Stock Returns for Kellton Tech Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-1.33%+3.32%+17.74%-1.69%+165.64%
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