Kellton Tech to Raise up to $50M via FCCBs

Kellton Tech Solutions Ltd announced that its Board of Directors has approved a proposal to raise funds by issuing Foreign Currency Convertible Bonds (FCCBs) on a private placement basis, not exceeding USD 50 Million. The board also recommended the re-appointment of Mr. Srinivas Potluri as a retiring director and Ms. Geeta Goti as a Non-Executive Independent Woman Director for a second term. Additionally, the company approved the date, time, and mode for its Annual General Meeting for FY 2025-26, scheduled for September 30, 2026, via Video Conference.