Kellton Tech Solutions Approves $40 Million Foreign Currency Convertible Bonds Issuance
Kellton Tech Solutions Limited's Board of Directors has approved the issuance of Foreign Currency Convertible Bonds (FCCBs) worth up to $40 million. This decision follows shareholder approval obtained at the Annual General Meeting on September 30, 2025. A dedicated Securities Issuance Committee has been formed to oversee the FCCB issuance process, including finalizing terms and conditions. The company commits to providing regular updates to stock exchanges on material milestones related to the FCCB issuance.

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Kellton Tech Solutions Limited , a prominent player in the technology sector, has taken a significant step towards bolstering its financial position. The company's Board of Directors has approved the issuance of Foreign Currency Convertible Bonds (FCCBs) worth up to $40 million.
Key Developments
- FCCB Approval: The Board of Directors has approved the issuance of FCCBs up to $40 million.
- Shareholder Approval: This decision follows the approval obtained from shareholders at the Annual General Meeting held on September 30, 2025.
- Securities Issuance Committee: A dedicated committee has been constituted to oversee the FCCB issuance process.
FCCB Issuance Details
| Aspect | Details |
|---|---|
| Approved Amount | Up to $40 million |
| Approval Date | November 01, 2025 |
| Board Meeting Duration | 5:00 PM to 5:25 PM (IST) |
| Shareholder Approval Date | September 30, 2025 |
Role of the Securities Issuance Committee
The newly formed Securities Issuance Committee will be responsible for:
- Determining and finalizing the detailed terms and conditions of the FCCBs
- Handling other associated matters pertaining to the FCCB issuance
Transparency and Compliance
Kellton Tech Solutions has committed to maintaining transparency throughout this process. The company plans to provide regular updates to stock exchanges on material milestones related to the FCCB issuance. These updates will include:
- Confirmation of terms
- Documentation progress
- Expected timelines
- Necessary approvals
This move by Kellton Tech Solutions Limited demonstrates the company's proactive approach to financial management and its commitment to exploring diverse funding options. The issuance of FCCBs may provide the company with additional capital for potential expansion, debt restructuring, or other strategic initiatives.
As the process unfolds, investors and market watchers will be keenly observing how this financial maneuver impacts Kellton Tech's growth trajectory and overall market position in the technology sector.
Historical Stock Returns for Kellton Tech Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.09% | +5.28% | -10.25% | +0.28% | -23.38% | +124.27% |






































