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Home/Business/Kellton Tech Solutions Approves Rights Issue to Raise Funds
Business

Kellton Tech Solutions Approves Rights Issue to Raise Funds

Kellton Tech’s reported fundraising proposal would offer equity shares to eligible shareholders, subject to final terms and regulatory approvals.

TBT Online Desk
September 23, 2026 One Min Read
Kellton Tech Solutions Ltd. has approved a proposal to raise funds through a rights issue of equity shares, according to a stock exchange filing dated September 23, 2026. The company’s Board of Directors approved the fundraising plan at its meeting held on Wednesday. The proposed issue will comprise equity shares with a face value of ₹1 each and will be offered to eligible shareholders as of a record date, which will be determined and announced later. However, the company has not yet disclosed key details of the proposed rights issue, including the issue size, issue price, rights entitlement ratio, record date, issue period and payment terms. These parameters will be finalised in accordance with applicable regulations and subsequently communicated to the stock exchanges. The proposed fundraising remains subject to statutory, regulatory and other required approvals and will be undertaken in accordance with the Securities and Exchange Board of India (SEBI) ICDR Regulations and applicable provisions of the SEBI Listing Regulations. The Board meeting commenced at 11:00 a.m. and concluded at 11:55 a.m. on September 23, 2026.

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The Blunt Times is a 24-hour news portal from Surat and south Gujarat. It was launched by senior journalist Melvyn Thomas, who has over 21 years of experience working with the top news organizations such as The Indian Express, The Times of India, and The Economic Times.

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