New Delhi, May 15 -- Kellton Tech Solutions set to raise capital through 6.5 percent FCCBs maturing in 2035; Share price gains as investors react to issuance terms.

Kellton Tech Solutions has announced the issuance of Foreign Currency Convertible Bonds (FCCBs) worth USD 10 million, with a floor price set at Rs.106 per equity share. The announcement comes ahead of the bond issuance opening on May 16, 2025, following board approval granted earlier this week.

In a regulatory filing, the company disclosed that the Security Issuance Committee, following the board meeting held on May 14, 2025, has been authorised to manage the entire FCCB issuance process.

The FCCBs will be issued internationally and are structured as 6.5 percent senior unse...