Rights Issue17 Oct 2026, 06:40 pm
Kellton Tech Plans Rights Issue Up to ₹160 Cr
AI Summary
Kellton Tech Solutions Ltd announced that its Board of Directors has approved a Rights Issue to raise up to ₹160 Crores. The company also approved the Draft Letter of Offer. The Board will determine the terms and conditions of the Rights Issue, including the issue price, entitlement ratio, and record date. Additionally, Ms. Muskan Manucha has been appointed as the Company Secretary and Compliance Officer, effective October 18, 2026.
Key Highlights
- Board approves Rights Issue to raise up to ₹160 Crores.
- Draft Letter of Offer for the Rights Issue has been approved.
- Terms of the Rights Issue to be decided subsequently.
- Ms. Muskan Manucha appointed as Company Secretary and Compliance Officer.
- Appointment of Ms. Manucha is effective from October 18, 2026.
Price Impact
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