StockWatch
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Computers - Software & Consulting
Rights Issue23 Sept 2026, 12:25 pm

Kellton Tech Plans Rights Issue to Raise Funds

AI Summary

Kellton Tech Solutions Ltd. announced that its Board of Directors has approved a plan to raise funds through a Rights Issue of Equity Shares. The face value of each share is ₹1. The specific terms of the issue, including the issue size, price, entitlement ratio, record date, and period, will be determined and announced in due course, subject to necessary statutory and regulatory approvals. The board meeting where this was decided commenced at 11:00 AM IST and concluded at 11:55 AM IST.

Key Highlights

  • Board approves fund raising via Rights Issue of Equity Shares.
  • Detailed terms of the issue to be determined and announced later.
  • Subject to statutory and regulatory approvals.
  • Board meeting held on September 23, 2026.