Kellton Tech Solutions Approves Rights Issue to Raise Funds

PNNPNN
Wed, 23 Sep 2026 02:16 PM (IST)
Kellton Tech Solutions Approves Rights Issue to Raise Funds
Kellton Tech Solutions Approves Rights Issue to Raise Funds

New Delhi [India], September 23: Kellton Tech Solutions Ltd. has approved a proposal to raise funds through a rights issue of equity shares, according to a stock exchange filing dated September 23, 2026.

The company’s Board of Directors approved the fundraising plan at its meeting held on Wednesday. The proposed issue will comprise equity shares with a face value of ₹1 each and will be offered to eligible shareholders as of a record date, which will be determined and announced later.

However, the company has not yet disclosed key details of the proposed rights issue, including the issue size, issue price, rights entitlement ratio, record date, issue period and payment terms. These parameters will be finalised in accordance with applicable regulations and subsequently communicated to the stock exchanges.

The proposed fundraising remains subject to statutory, regulatory and other required approvals and will be undertaken in accordance with the Securities and Exchange Board of India (SEBI) ICDR Regulations and applicable provisions of the SEBI Listing Regulations.

The Board meeting commenced at 11:00 a.m. and concluded at 11:55 a.m. on September 23, 2026.

PNN (This is an unedited and auto-generated story from Syndicated News feed, MBI 24 News Staff may not have modified or edited the content body)