IT Stock Zooms Over 10% As Board To Meet Soon For Issuing Foreign Currency Convertible Bonds (FCCBs)

The Board of Directors of Kellton Tech Solutions Ltd., a small-cap IT firm, has announced that it will meet on Saturday, November 1, 2025, to discuss matters pertaining to the proposed issue of Foreign Currency Convertible Bonds (FCCBs).

Following the announcement, Kellton Tech Solutions' share price surged dramatically by 10.12%, reaching an intraday high of Rs 22.09 from the previous closing of Rs 20.06. As of this writing, Kellton Tech Solutions' shares, with a market capitalization of Rs 1,121.44 Cr., were trading at an upside gap of 7.98% at the price level of Rs 21.66, having started on the BSE on Thursday, October 30, at Rs 20.31.

Additionally, the firm announced that it has been chosen by the United Nations Population Fund (UNFPA) to develop and implement Generative AI-driven apps that support human-centred transformation and digital innovation throughout UNFPA's global operations.

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 expedite the UN Sustainable Development Goals (SDGs). Kellton continues to show its commitment to technology that promotes inclusiveness and purpose by fusing ethical AI practices with UNFPA's mission of ensuring everyone's health, rights, and well-being.

"Our collaboration with UNFPA symbolizes how innovation can drive empathy and impact at a global scale," said Karanjit Singh, CEO, Kellton. "By combining our AI engineering strength with UNFPA's humanitarian vision, we're building solutions that not only transform digital operations but also make technology more inclusive, transparent, and meaningful," Karanjit Singh further added.

This partnership reinforces Kellton's commitment to ethical, secure, and sustainable AI ecosystems and solidifies its standing as a reliable AI and digital transformation partner for global organizations and the public sector.

"Through this collaboration, Kellton continues to shape the future of responsible AI, building solutions that empower organizations to elevate impact and reimagine the future responsibly," said the company today in a regulatory filing.

With its headquarters in Hyderabad, India, and more than 1,800 workers spread across offices and delivery centers in the US, Europe, and Asia-Pacific, Kellton Tech Solutions Ltd. is a publicly traded global leader in AI and digital transformation. It serves a wide range of clients in a variety of industries, including BFSI, manufacturing, hospitality, retail, healthcare, energy, and the public sector.