Kellton Tech Solutions Ltd. Allots 36,00,000 Equity Shares After Warrant Conversion by Promoter Group

Kellton Tech Solutions Ltd. has allotted 36,00,000 equity shares to M/s. Matnic Finvest LLP, a promoter group entity, following the exercise of their right to convert share warrants into equity shares. The allotment was made at an exercise price of ₹ 18.9/- per share warrant, amounting to ₹ 6,80,40,000. The new equity shares rank pari-passu with the existing shares. There are 2,39,00,000 warrants still outstanding, which can be converted into an equal number of equity shares within 18 months from the allotment date.