Equity benchmark indices bounced back from early declines on Monday, aided by value-based buying in select segments and supportive global trends.
After slipping 261.39 points to 83,677.32 during initial trades, the Sensex recovered to 83,998.20, marking a gain of 59.49 points or 0.07% around 10:45 a.m. Similarly, the Nifty regained momentum, rising above the 25,750 level after hitting an intraday low of 25,645.50.
Meanwhile, Kellton Tech Solutions announced key developments, including board approval for a USD 40 million FCCB issuance and a new global AI collaboration with the United Nations Population Fund (UNFPA).
Kellton Tech Solutions Ltd, a digital transformation and AI-focused technology company, announced that its Board of Directors has approved the issuance of Foreign Currency Convertible Bonds (FCCBs) of up to $40 million. This decision follows the shareholders’ approval granted during the company’s Annual General Meeting held on September 30, 2025.
In a recent development, Kellton was chosen by the United Nations Population Fund (UNFPA) to design and deploy Generative AI-based applications aimed at enhancing digital innovation and driving human-centered transformation across UNFPA’s global initiatives. This collaboration reflects Kellton’s commitment to using Artificial Intelligence for social good and supports the UN’s Sustainable Development Goals (SDGs). By aligning responsible AI methodologies with UNFPA’s mission to promote health, rights, and well-being for all, the company continues to contribute to technology-led inclusivity and progress.
Commenting on the partnership, Karanjit Singh, CEO of Kellton, stated that the collaboration with UNFPA represents how technology and empathy can work together to create meaningful global impact. Leveraging its expertise in AI engineering, Kellton aims to build solutions that enhance digital operations while ensuring inclusivity, transparency, and purpose-driven innovation.
The engagement further strengthens Kellton’s global standing as a trusted partner for AI and digital transformation, particularly for public sector and institutional clients. It reinforces the company’s focus on developing ethical, secure, and sustainable AI ecosystems that empower organizations to innovate responsibly.
Headquartered in Hyderabad, India, Kellton Tech Solutions employs over 1,800 professionals across offices in the United States, Europe, and the Asia-Pacific region. The company serves clients across diverse industries, including BFSI, manufacturing, healthcare, hospitality, energy, retail, and the public sector. With deep capabilities in Agentic AI, enterprise modernization, cloud engineering, analytics, IoT, and automation, Kellton delivers cutting-edge digital solutions recognized by leading industry analysts such as Zinnov, ISG, and Avasant.
Kellton Tech Solution share price declined by over 2% on Monday. As of 11:26 am IST, the stock price was trading at ₹21.58 per share, down by 1.86%.