Kellton Tech Solutions approve fund raising via FCCBs and QIP
The Board of Kellton Tech Solutions Limited has recommended two fundraising initiatives, issuing Foreign Currency Convertible Bonds (FCCBs) to raise up to $50 million and a Qualified Institutional Placement (QIP) to raise up to ₹250 crore. To support these efforts, the company plans to increase its authorised share capital from ₹60 crore to ₹100 crore.