Kellton Tech Solutions approves ₹160 crore rights issue
Kellton Tech Solutions (BSE: KELLTONTEC) said it has approved rights issue of ₹160 crore. The company is valued at about ₹656 crore.
What happened
Kellton Tech Solutions (BSE: KELLTONTEC) informed the stock exchanges on 17 October 2026 at 06:31 PM that it has approved rights issue of ₹160 crore.
From the filing: "Further, the Board of Directors will, inter - alia , decide the terms and conditions of the Rights Issue, including but not limited to the determination of the issue price, rights entitlement ratio, record date , timing of the Rights Issue and terms of payment and other related matters. 3."
How big is it?
At ₹160 crore, the issue is equal to about 24.4% of the company's market value of ₹656 crore.
Company snapshot
Kellton Tech Solutions is a micro-cap company, with a market value of about ₹656 crore.
The stock last traded at ₹12.43, against a 52-week range of ₹11.8–₹23.8 (47.8% below the high).
Before this filing the shares had moved −7.9% over the month and −15.7% over three months. Average daily turnover over the last 20 sessions was about ₹1.77 crore.
Promoters held 36.03% at the end of Q1 FY27, down 1.64% points from the previous quarter; 15.88% of promoter shares were pledged. Foreign institutions owned 0.72% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 295 | 22.7 | 2.32 |
| Q2 FY26 | 300 | 24.1 | 0.43 |
| Q3 FY26 | 308 | 27.2 | 0.48 |
| Q4 FY26 | 314 | 19.5 | 0.34 |
| Q1 FY27 | 316 | 22.3 | 0.42 |
What history shows
BCEIE has no earlier fund raising filing from this company on record since May 2026.
Market-wide, 1,616 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 17 October 2026: Board meeting — Fund Raising.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.