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saurabh mittal

2nd Nov · SEBI-Registered Analyst

Kellton Tech Solutions Ltd received board approval to issue Foreign Currency Convertible Bonds

KELLTONTEC
has received board approval to issue Foreign Currency Convertible Bonds (FCCBs) worth up to $40 million (approximately ₹335 crore), which was announced on November 1, 2025. This capital-raising move will fund Kellton Tech’s expansion, possible debt restructuring, and new strategic initiatives. The board decision follows an earlier shareholder approval at the company’s Annual General Meeting held on September 30, 2025. A dedicated Securities Issuance Committee will finalize terms, monitor documentation, and assure compliance, with regular updates promised to stock exchanges throughout the process.

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