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Kellton Tech Expands Equity Base with FCCB Conversion

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Kellton Tech Expands Equity Base with FCCB Conversion

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An announcement from Kellton Tech Solutions Ltd. ( (IN:KELLTONTEC) ) is now available.

Kellton Tech Solutions Ltd. has announced the allotment of over 20 million equity shares following the conversion of Foreign Currency Convertible Bonds (FCCBs). This move increases the company’s paid-up equity share capital, reflecting a strategic financial maneuver to bolster its capital structure and potentially enhance its market position.

More about Kellton Tech Solutions Ltd.

Kellton Tech Solutions Ltd. operates in the technology industry, providing digital transformation solutions and services. The company focuses on delivering innovative IT services and solutions to various sectors, enhancing business operations and customer engagement.

Average Trading Volume: 670,248

Technical Sentiment Signal: Buy

Current Market Cap: 12.75B INR

Find detailed analytics on KELLTONTEC stock on TipRanks’ Stock Analysis page.

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