Description

Listing of 1,00,58,750 equity shares of Kellton Tech Solutions Ltd issued pursuant to conversion of Foreign Currency Convertible Bonds (FCCBs), effective November 6, 2025.

Summary

BSE has announced the listing and admission for trading of 1,00,58,750 equity shares of Re. 1/- each of Kellton Tech Solutions Ltd. (Scrip Code: 519602) with effect from Thursday, November 6, 2025. These shares were issued at a premium of Rs. 20.20/- per share pursuant to conversion of Foreign Currency Convertible Bonds (FCCBs). The newly listed shares rank pari-passu with existing equity shares.

Key Points

  • Total shares being listed: 1,00,58,750 equity shares of Re. 1/- each
  • Issue price: Rs. 21.20 per share (Re. 1 face value + Rs. 20.20 premium)
  • Purpose: Conversion of Foreign Currency Convertible Bonds (FCCBs)
  • ISIN: INE164B01030
  • Scrip Code: 519602
  • Shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 517745921 to 527804670

Regulatory Changes

No regulatory changes. This is a standard listing procedure for securities issued through FCCB conversion.

Compliance Requirements

Trading members of BSE are required to note the listing of these new securities for trading purposes. No additional compliance requirements specified.

Important Dates

  • Date of Allotment: September 25, 2025
  • Listing Date: November 6, 2025 (effective date for trading)
  • Notice Date: November 4, 2025

Impact Assessment

Market Impact: The listing adds approximately 10 million shares to Kellton Tech Solutions’ freely tradable equity, representing potential dilution for existing shareholders. The conversion of FCCBs to equity strengthens the company’s balance sheet by converting debt to equity.

Operational Impact: Trading members should update their systems to reflect the increased share capital. The pari-passu nature ensures no differential rights, maintaining uniform treatment of all equity shares. The listing enables FCCB holders who converted their bonds to trade their shares on the exchange.

Impact Justification

Standard listing of equity shares from FCCB conversion representing significant dilution (10+ million shares) but routine corporate action with no immediate trading restrictions or compliance changes.