After 1:5 Stock Split, This IT Stock Greenlights $40 Million Foreign Currency Convertible Bonds Plan

Kellton Tech Solutions Limited a small-cap IT company has announced the key outcomes of its Board of Directors meeting held on November 1, 2025. The Board considered and approved the issuance of up to U.S. $40 Million in Foreign Currency Convertible Bonds (FCCBs). This issuance follows the approval obtained from the company's members at the Annual General Meeting held on September 30, 2025, as per a regulatory filing.

To manage the issuance, the Board also approved the constitution of a Securities Issuance Committee. This committee is tasked with determining and finalizing the detailed terms and conditions of the FCCBs and dealing with other associated matters.

The company also stated that it will keep the stock exchanges informed about significant developments pertaining to the FCCB issuance. The filing was made by Rahul Jain, the Company Secretary & Compliance Officer, from Hyderabad.

In July 2025, Kellton Tech Solutions performed a 1:5 stock split, lowering the face value of each share from Rs 5 to Rs 1. The split went into effect on July 28, 2025, with the record date being July 25, 2025. This corporate action was intended to increase liquidity and make shares more accessible to a wider range of investors.

The additional shares were immediately deposited to your Demat account if you were a shareholder on the record date. This would have kept the overall value of your investment the same, but you have owned more shares at a cheaper price per share.

On October 30, Kellton announced that it has been chosen by the United Nations Population Fund (UNFPA) to develop and implement Generative AI-driven apps that support digital innovation and human-centered change throughout UNFPA's global programs.

This partnership represents a significant turning point in Kellton's dedication to using AI for social impact, allowing one of the top development organizations in the world to accelerate the achievement of the UN Sustainable Development Goals (SDGs).

"This engagement strengthens Kellton's position as a trusted AI and digital transformation partner for global institutions and the public sector, reinforcing its dedication to ethical, secure, and sustainable AI ecosystems," said the company in a regulatory filing.

Global leader in AI and digital transformation, Kellton Tech Solutions Ltd. is a publicly traded company. Kellton serves a wide range of clients across industries, including BFSI, manufacturing, hospitality, retail, healthcare, energy, and the public sector. The company is headquartered in Hyderabad, India, and employs over 1,800 people across delivery centres and offices in the US, Europe, and the Asia-Pacific region. In addition to being acknowledged by ISG and Avasant for its SAP services, Kellton has been awarded a Leader in Zinnov Zones for ER&D Digital Engineering and Experience Engineering.