3 hrs ago
Kellton Tech Plans September 23 Fundraising Review
Kellton Tech is an information technology company whose shares trade below ₹50.
Its board will meet on September 23, 2026, to discuss raising money.
The company may issue new shares or other permitted securities.
It has not yet said how much money it wants to raise.
It also has not announced exactly how the fundraising would happen.
Earlier this month, Kellton Tech won work to build a loan integration platform for an automotive finance company.
The platform will connect lending systems with outside verification and financial-data providers.
Kellton says the platform can grow as the finance company adds providers, channels and products.
The company’s shares closed at ₹13.68, despite having declined significantly over the past year.
Kellton Tech’s board will consider a fundraising proposal on September 23, 2026.
The proposed issue may involve equity shares or other eligible securities through permitted methods.
The company has not disclosed the fundraising size or specific issuance route.
Kellton Tech was selected to develop a loan integration platform for an automotive finance company.
The stock closed 0.6% higher at ₹13.68 but has fallen 50% over the past year.
- Who
- Kellton Tech Solutions Limited and its board.
- What
- The board will consider raising funds through equity shares and/or other eligible securities.
- Where
- The proposal was announced in a regulatory filing to the stock exchange; the company operates across APAC, Europe, the United States and other international markets.
- When
- The board meeting is scheduled for September 23, 2026; the stock is expected to be in focus on September 21.
- Why
- The board is reviewing permitted fundraising methods, subject to its terms and required statutory and regulatory approvals.
Key facts
- Board meeting
- September 23, 2026
- Possible securities
- Equity shares and/or other eligible securities
- Fundraising size
- Not disclosed
- Latest closing price
- ₹13.68 on the BSE
- Recent stock performance
- Down 1% in one week, 13% in three months, 20% in six months and 50% in one year
- 52-week range
- High of ₹27.27 in September 2025 and low of ₹13.10 in March 2026
- Recent contract
- Development of an enterprise loan integration platform for a leading automotive finance company
Sources
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