Shares of Kellton Tech Solutions Ltd surged 4.38% to ₹132.67 in early trade on June 12 after the company announced a board meeting scheduled for Saturday, June 14, 2025. The agenda includes key proposals such as a stock split and plans for fundraising through various routes.
In its regulatory filing, the company stated that the board will consider raising capital through issuance of equity shares or other equity-linked instruments via private placement, preferential issue, or qualified institutions placement, in line with SEBI and Companies Act provisions.
Additionally, the board will evaluate a proposal to split its existing equity shares of face value ₹5 each, a move often aimed at enhancing liquidity and retail participation.
With a market cap of ₹12.87 crore and a P/E ratio of 16.17, Kellton Tech was among the top gainers in early trading. The stock touched an intraday high of ₹134.20.
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