Mumbai, June 12 -- During the same meeting, the board will also consider a proposal for raising funds through the issuance of equity or debt securities. These securities would either be privately placed, allotted on a preferential basis, or placed with qualified institutional investors.

Hyderabad-headquartered Kellton Tech Solutions offers digital solutions, advisory services and serving as systems integrator to over 300 clients globally, ranging from start-ups to Fortune 500 enterprises. The company has a global footprint in India, the US, the UK, Ireland, Poland and Singapore with around 1,400 employees.

The company had reported 19.77% decline in consolidated net profit to Rs 19.20 crore despite a 15.53% increase in net sales to Rs 28...