Kellton Tech approves ₹160 crore rights issue.

Kellton Tech Solutions Limited

board has approved a rights issue of equity shares worth up to ₹160 crore. Ms. Muskan Manucha has been appointed company secretary and compliance officer effective October 18, 2026. The board cleared a rights issue of up to ₹160 crore. The funds will support the company’s capital needs. Separately, Muskan Manucha takes charge as company secretary from October 18, 2026. The dual updates cover funding and compliance leadership. Key triggers are the ₹160 crore rights issue and the October 18, 2026 appointment of the new company secretary. This may influence near-term price action on capital raising plans. Peers such as Coforge, Persistent Systems and Sonata Software could face relative comparison on funding moves. Risks include dilution from the rights issue or delayed utilisation of proceeds. Competitors listed: Coforge, Persistent Systems, Sonata Software. We have no financial interest in this news.