Kellton Tech announces 1:5 stock split with July 25 record date; allots shares post FCCB conversion at ₹106 each.
On Thursday, shares of Kellton Tech Solutions Ltd jumped 2%, trading at ₹144.80, up from the previous close of ₹143.75. The company has announced a record date for its upcoming stock split.
The company’s Board of Directors has announced a 1:5 stock split, converting each equity share of ₹5 face value into five shares of ₹1. The move is intended to improve liquidity and attract more retail participation. The record date for the split is Friday, July 25, 2025.
In a separate update, the company’s Security Issuance Committee approved the allotment of 11,26,580 equity shares (face value ₹5 each) on July 4, 2025, following the partial conversion of Foreign Currency Convertible Bonds (FCCBs). The conversion was done at ₹106 per share (including ₹101 premium). As a result, the paid-up share capital has increased from ₹48.75 crore (9,75,13,934 shares) to ₹49.32 crore (9,86,40,514 shares). These newly issued shares are identical to the existing ones and rank pari passu from the date of allotment. BSE and NSE granted in-principle approval on February 20, 2025.
For FY25, the company reported ₹1,098 crore in revenue, up 11.7% YoY, and net profit of ₹80 crore, rising 23.4% from FY24. In Q4FY25, it added nine new clients, contributing to ₹286 crore in sales and ₹19 crore in profit.
On Thursday, shares of Kellton Tech Solutions Ltd jumped 2%, trading at ₹144.80, up from the previous close of ₹143.75. The stock has gained 51.30% from its 52-week low of ₹95.01, while its 52-week high is ₹181.05. On Wednesday, trading volumes on the BSE surged over 2.3 times, indicating strong buying interest.
The company has a market cap of over ₹1,400 crore. Over the past five years, the stock has delivered a 672% return.
Kellton Tech is a global IT services firm serving startups, SMEs, and Fortune 500 companies. With operations across the US, Europe, India, and Asia-Pacific, and a team of over 1,800 professionals, the company focuses on building digital-first solutions. Kellton has featured four times in Deloitte Technology Fast 50 India and is listed among Forbes Asia's Top 200 'Best Under a Billion'.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice.
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