KTKellton Tech Solutions519602Board meeting scheduled

Board meeting on 17 October 2026 to consider rights issue size and terms

Kellton Tech Solutions has told the exchanges that its board will meet on Saturday, 17 October 2026.

By ScoutQuest · Wed 14 Oct 2026, 10:55 PM IST · 2 min read

Board Meeting Date

Saturday, 17 October 2026

Agenda

issue size and other terms and conditions of the proposed rights issue of equity shares

Prior Board Meeting

23 September 2026

Board meeting set for 17 October 2026

• Kellton Tech Solutions has informed BSE and NSE that a meeting of its Board of Directors is scheduled for Saturday, October 17, 2026.
• The board will consider and approve the issue size and other terms and conditions of a proposed rights issue of equity shares of the company.
• The announcement is in continuation of the outcome of the board meeting dated September 23, 2026, where the board had approved the proposal to raise funds by way of a rights issue, with the detailed terms to be determined in due course.

The background

• The company had earlier informed the exchanges that its board approved raising funds through a rights issue of equity shares.
• At that stage, the detailed terms were to be determined in due course.
• The 17 October 2026 meeting is where the board will consider and approve the issue size and the other terms and conditions.

What a rights issue is

• A rights issue is an offer of new equity shares by a company to its existing shareholders.
• Such an offer is usually made in proportion to the shares a shareholder already holds.
• Through it, the company raises fresh funds from its shareholders.
• Because new shares are issued, a shareholder who does not subscribe to the offer may find their percentage holding in the company coming down.

What will be decided at the meeting

• The issue size, that is, how much the company proposes to raise.
• The other terms and conditions of the proposed rights issue.

How a retail investor can read this

• This is a prior intimation: it tells the exchanges and investors in advance that the terms of the rights issue are coming up for approval.
• The terms that the board considers and approves at this meeting are what will shape the offer, including how much a shareholder can apply for and on what basis.
• Until then, the announcement itself is about the scheduling of the decision, not the terms of the offer.

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