Kellton Tech Solutions Approves U.S. $40 Million FCCB Issuance and AI Collaboration with UNFPA

Kellton Tech Solutions Limited, a small-cap IT firm, recently disclosed the outcomes of its Board of Directors meeting on November 1, 2025. The Board approved the issuance of up to U.S. $40 million in Foreign Currency Convertible Bonds (FCCBs). This decision follows the approval from the company's members at the Annual General Meeting on September 30, 2025, according to a regulatory filing.

In July 2025, Kellton Tech Solutions executed a stock split in a 1:5 ratio, reducing each share's face value from Rs 5 to Rs 1. This move aimed to enhance liquidity and make shares more accessible to investors. The stock split took effect on July 28, 2025, with a record date of July 25, 2025. Shareholders on the record date received additional shares in their Demat accounts without altering the total investment value.

On October 30, Kellton announced its selection by the United Nations Population Fund (UNFPA) to develop Generative AI-driven applications. These apps aim to foster digital innovation and human-centered change across UNFPA's global initiatives. This collaboration marks a pivotal moment in Kellton's commitment to leveraging AI for social impact and advancing the UN Sustainable Development Goals (SDGs).

The Board also approved forming a Securities Issuance Committee to manage the FCCB issuance. This committee will finalize terms and conditions and handle related matters. The company pledged to keep stock exchanges updated on significant developments regarding the FCCB issuance. Rahul Jain, Company Secretary & Compliance Officer, filed this information from Hyderabad.

Kellton Tech Solutions Ltd., a leader in AI and digital transformation, serves diverse clients across sectors like BFSI, manufacturing, hospitality, retail, healthcare, energy, and public sector. Headquartered in Hyderabad, India, it employs over 1,800 people across delivery centres and offices in the US, Europe, and Asia-Pacific.

"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," stated the company in a regulatory filing.

Kellton has received recognition from ISG and Avasant for its SAP services. It has also been named a Leader in Zinnov Zones for ER&D Digital Engineering and Experience Engineering.