Board set Rights Issue size at up to Rs.160 Cr of Re.1 shares; price, ratio, record date TBD, draft offer approved. Appointed Muskan Manucha as Company Secretary and Compliance Officer from Oct 18. Sizes the previously approved rights issue, first rights route after FCCB and warrant raises; extends serial dilution funding pattern. Pricing, entitlement and use of proceeds still pending. Adds concrete dilution overhang pending price and ratio; funding mix and timeline undisclosed. Secretary appointment fills compliance role amid recurring small filing delays.
Kellton Tech Board Approves Up To ₹160 Crore Rights Issue
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Kellton Tech Solutions Recommends USD 50 Million FCCB Fund Raise
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Kellton Receives ADB Excellence Award, Targets $5 Million Strategic Account