AI Company-Kellton Tech Solutions Ltd approved the issuance of up to USD 40,000,000 FCCBs

Kellton Tech Solutions Ltd.'s Board of Directors has approved the issuance of up to USD 40,000,000 (Forty Million) in Foreign Currency Convertible Bonds (FCCBs), following the approval received from the company members at the Annual General Meeting on September 30, 2025. The Board also established a Securities Issuance Committee to determine and finalise the detailed terms and conditions of the FCCBs and manage associated matters. The company will continue to provide updates to the stock exchanges regarding material milestones of the proposed FCCB issuance, including confirmation of terms, documentation, timelines, and approvals.

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The company has been selected by the United Nations Population Fund (UNFPA) to design and deliver Generative AI-driven applications to strengthen digital innovation across UNFPA's global programs. This pivotal collaboration aligns Kellton's commitment to AI for social impact with UNFPA's humanitarian vision, aiming to drive inclusive, data-driven transformation to accelerate progress toward the UN Sustainable Development Goals (SDGs). By integrating responsible and ethical AI practices, the partnership leverages Kellton's deep AI engineering strength to empower UNFPA and reinforce Kellton’s standing as a trusted digital transformation partner for global institutions.

About the Company

Kellton Tech Solutions Ltd. is a publicly listed global leader in AI and digital transformation, founded on the belief in Infinite Possibilities with Technologies. Headquartered in Hyderabad, India, and supported by more than 1,800 employees across delivery centres and offices in the United States, Europe, and the Asia-Pacific region, Kellton serves a diverse portfolio of clients across industries--including BFSI, manufacturing, hospitality, retail, healthcare, energy, and the public sector. With deep expertise in Agentic AI, enterprise application modernisation, cloud engineering, data and analytics, IoT, and process automation, Kellton delivers transformative solutions powered by innovation. Its proprietary platforms and services have earned recognition from leading analysts: Kellton has been named a Leader in Zinnov Zones for ER&D Digital Engineering and Experience Engineering and recognised by ISG and Avasant for its SAP services.

For the first quarter ending June 30, 2025, Kellton Tech Solutions Ltd. reported a consolidated revenue of Rs 296.10 crore, which represents a 12.8 per cent year-over-year and 3.1 per cent quarter-over-quarter increase. Its net profit for the quarter was Rs 22.70 crore, showing a 13.5 per cent year-on-year rise, with an EPS of Rs 2.32. In FY25, the company reported an 11.7 per cent increase in annual net sales to Rs 1,098 crore and a 23.4 per cent rise in net profit to Rs 80 crore compared to FY24.

The company's 1:5 stock split became effective on July 28, 2025. Each equity share with a face value of Rs 5 has been converted into five shares with a face value of Re 1 each. FIIs bought 2,06,150 shares and increased their stake to 1.27 per cent in Q1FY26 compared to Q4FY25. The company's promoters hold 38.70 per cent stake as of September 2025 and the stock trades at a PE of 16x whereas the industry PE is 33x. The company has a market cap of over Rs 1,100 crore. The stock is up 17.8 per cent from its 52-week low of Rs 19.01 per share and has given multibagger returns of over 120 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.