Kellton Tech Solutions Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on July 11, 2025. Further, the company has informed the Exchange regarding voting results.
KELLTONTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kellton Tech Solutions held an Extraordinary General Meeting (EGM) on July 11, 2025, and has now submitted the voting results and scrutinizer's report to the stock exchanges. Three resolutions were passed with overwhelming majority via e-voting. Resolution 1: Alteration of the Capital Clause of the Memorandum of Association – passed with 99.97% votes in favour (4.06 crore shares for vs. 14,031 against). Resolution 2: Sub-division (stock split) of equity shares – passed with 99.96% in favour (4.06 crore for vs. 17,188 against). Resolution 3: Issue of 55 lakh share warrants convertible into equity shares on a preferential basis to promoter and non-promoter categories – passed with 99.96% in favour (4.06 crore for vs. 18,153 against). Promoters holding 3.97 crore shares voted 100% in favour across all resolutions. The company has 9.75 crore total outstanding shares with 1.89 lakh shareholders on the record date (July 4, 2025).
Shareholders should expect a stock split, which typically improves liquidity and makes shares more accessible to retail investors. The preferential issue of 55 lakh warrants will result in future equity dilution once converted. Overall, the resolutions reflect the company's intent to restructure its share capital and raise capital from promoter and non-promoter entities.