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Kellton Tech Solutions Ltd. ( (IN:KELLTONTEC) ) has issued an announcement.
Kellton Tech Solutions Ltd. has announced the allotment of 55,00,000 convertible warrants on a preferential basis, each convertible into one equity share. The Board of Directors approved this issuance, with 25% of the consideration already received and the remaining 75% payable upon conversion within 18 months. The Securities Issuance Committee is tasked with overseeing the entire process, including issuance, allotment, and necessary filings, potentially impacting the company’s capital structure and market positioning.
More about Kellton Tech Solutions Ltd.
Kellton Tech Solutions Ltd. operates in the technology industry, offering a range of IT services and solutions. The company focuses on digital transformation, enterprise solutions, and consulting services, catering to various sectors globally.
Average Trading Volume: 600,415
Technical Sentiment Signal: Strong Buy
Current Market Cap: 13.24B INR
See more data about KELLTONTEC stock on TipRanks’ Stock Analysis page.