Description

Kellton Tech Solutions Ltd lists 1,00,58,750 new equity shares on BSE with effect from November 6, 2025, issued pursuant to conversion of Foreign Currency Convertible Bonds.

Summary

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

Key Points

  • Company: Kellton Tech Solutions Ltd
  • Scrip Code: 519602
  • ISIN: INE164B01030
  • Number of Shares: 1,00,58,750 equity shares of Re. 1/- each
  • Issue Price: Rs. 21.20 (Re. 1 face value + Rs. 20.20 premium)
  • Reason for Issue: Conversion of Foreign Currency Convertible Bonds (FCCBs)
  • Date of Allotment: September 25, 2025
  • Distinctive Numbers: 517745921 to 527804670
  • Trading Commencement: November 6, 2025
  • Share Rights: Ranking pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for shares issued through FCCB conversion.

Compliance Requirements

  • Trading members of BSE are informed about the listing of these new securities
  • The shares are available for trading from November 6, 2025
  • Standard trading and settlement procedures apply to these newly listed shares

Important Dates

  • Date of Allotment: September 25, 2025
  • Listing Date: November 6, 2025 (Thursday)
  • Notice Date: November 4, 2025

Impact Assessment

Market Impact: The addition of over 10 million new shares represents significant dilution to existing shareholders. Investors should monitor the impact on share price and trading volumes upon listing. The FCCB conversion increases the company’s equity base and free float.

Operational Impact: The conversion of FCCBs to equity reduces the company’s debt obligations and improves the debt-to-equity ratio. This is generally positive for the company’s financial health as it eliminates future debt servicing requirements for the converted bonds.

Investor Consideration: The issue price of Rs. 21.20 per share should be compared with the current market price to assess potential dilution impact. The pari-passu status means these shares have equal rights to dividends and voting.

Impact Justification

Standard listing notification for share allotment through FCCB conversion. Medium impact due to significant share dilution (10+ million shares) that may affect market capitalization and shareholding pattern.