Kellton Tech Board Approves Rs 160 Crore Rights Issue; Key Details Awaited
New Delhi [India], October 19: Kellton Tech Solutions Limited has announced that its Board of Directors has approved raising up to ₹160 cror...
New Delhi [India], October 19: Kellton Tech Solutions Limited has announced that its Board of Directors has approved raising up to ₹160 crore through a rights issue of equity shares, according to a regulatory filing submitted to the BSE and NSE on October 17, 2026.
The proposed fundraising will involve the issuance of equity shares with a face value of ₹1 each to eligible existing shareholders, subject to applicable regulatory and statutory approvals.
The company’s board has also approved the Draft Letter of Offer for the proposed rights issue.