Description
BSE announces listing of 56,32,900 new equity shares of Kellton Tech Solutions Ltd issued through FCCB conversion, effective August 7, 2025.
Summary
BSE has announced the listing of 56,32,900 new equity shares of Kellton Tech Solutions Ltd (Scrip Code: 519602) issued through Foreign Currency Convertible Bonds (FCCBs) conversion. The shares will be available for trading from August 7, 2025.
Key Points
- 56,32,900 new equity shares of Re. 1/- each issued at par value
- Shares issued pursuant to conversion of Foreign Currency Convertible Bonds (FCCBs)
- New shares rank pari-passu with existing equity shares
- Trading commences on Thursday, August 7, 2025
- ISIN Number: INE164B01030
- Scrip Code: 519602
Regulatory Changes
No new regulatory changes introduced. Standard listing procedure for securities issued through FCCB conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Standard trading rules and regulations apply to new shares
- Shares subject to existing compliance framework for equity securities
Important Dates
- Allotment Date: July 4, 2025
- Trading Commencement: August 7, 2025
- Notice Date: August 6, 2025
Impact Assessment
The conversion represents significant equity dilution for existing shareholders of Kellton Tech Solutions Ltd. The addition of over 56 lakh shares to the tradeable float may impact stock liquidity and price dynamics. Investors should consider the dilution effect when evaluating their positions in the company.
Impact Justification
Significant equity dilution through FCCB conversion affecting existing shareholders