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Kellton Tech edges higher on stock split proposal; board to mull fund raising on June 14

12-Jun-2025 | 09:51
Kellton Tech Solutions added 2.67% to Rs 130.55 after the company announced that its board will meet on Saturday, 14 June 2025, to consider a proposal for sub-division or split of existing equity shares of the company.

During the same meeting, the board will also consider a proposal for raising funds through the issuance of equity or debt securities. These securities would either be privately placed, allotted on a preferential basis, or placed with qualified institutional investors.

Hyderabad-headquartered Kellton Tech Solutions offers digital solutions, advisory services and serving as systems integrator to over 300 clients globally, ranging from start-ups to Fortune 500 enterprises. The company has a global footprint in India, the US, the UK, Ireland, Poland and Singapore with around 1,400 employees.

The company had reported 19.77% decline in consolidated net profit to Rs 19.20 crore despite a 15.53% increase in net sales to Rs 286.33 crore in Q4 FY25 as compared with Q4 FY24.

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