Kellton Tech Solutions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/11/2025 ,inter alia, to consider and approve To consider and discuss ....
KELLTONTEC · price
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Kellton Tech Solutions has informed BSE and NSE that its Board of Directors will meet on Saturday, November 1, 2025, to consider and discuss the proposed issue of Foreign Currency Convertible Bonds (FCCBs) and other related matters. This follows shareholders' approval already obtained at the Annual General Meeting held on September 30, 2025. The company will disclose the outcome of the meeting to the stock exchanges as per SEBI Listing Regulations. No specific size, coupon, or conversion terms have been shared yet — those will come after the board meeting.
FCCBs typically bring in foreign capital but can dilute existing shareholders if converted into equity. Investors should watch for details on issue size, conversion price, and interest rate when the board announces its decision, as these will determine the dilution and cost impact.