Nature of Event

Kellton Tech Solutions Limited held a Board meeting on October 17, 2026, and approved key corporate actions, including a Rights Issue and appointment of a Company Secretary, as disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Approvals and Details

  • Rights Issue: The Board approved the issuance of equity shares of face value Re. 1 each for an amount up to Rs. 160 Crores (Rupees One Hundred and Sixty Crores Only) through a Rights Issue to eligible shareholders as on a record date to be determined. The issue is subject to applicable laws, including the Companies Act, 2013 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and requires regulatory and statutory approvals.
  • Draft Letter of Offer: The Board approved the Draft Letter of Offer. Further terms and conditions, including issue price, rights entitlement ratio, record date, timing of the Rights Issue, and terms of payment, will be decided by the Board subsequently.
  • Appointment of Company Secretary: Ms. Muskan Manucha (Membership No. ACS 81946) was appointed as Company Secretary pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of SEBI Listing Regulations. She is designated as Compliance Officer of the Company with effect from October 18, 2026. Her professional experience includes corporate governance, regulatory compliance, capital market transactions, SEBI Listing Regulations compliance, stock exchange filings, ROC compliances, corporate actions involving non-convertible debentures and warrants, ISIN allotments, listing approvals, NCLT proceedings, merger-related documentation, compliance automation, and secretarial and internal audit support.

Meeting Details

The Board meeting commenced at 5:00 PM IST and concluded at 5:55 PM IST on October 17, 2026.

Financial and Operational Impact

  • The Rights Issue aims to raise capital up to Rs. 160 Crores, which may result in cash inflow and potential dilution of equity, but specific details on dilution, use of proceeds, or financial impact are not quantified beyond the issue size.
  • The appointment of Ms. Muskan Manucha is expected to enhance compliance and governance functions, as per her disclosed experience.

Additional Information

The copy of this disclosure is available on the company's website at www.kellton.com. The document was signed by Krishna Chintam, Managing Director (DIN: 01659145), on October 17, 2026.