By Admin 
Small Cap Stock: Shares of multibagger small-cap company Kelton Tech Solutions will remain in focus on Monday as the company’s board has approved the issuance of Foreign Currency Convertible Bonds (FCCB). On Friday, shares of Kelton Tech Solutions closed in the red at Rs 21.95 per share. It has declined by more than 8 percent in one month, whereas the stock has also gained 3 percent in the last six months. In the long term, it has given multibagger returns of 120.38 percent to its investors in the last five years.
FCCBs worth $40,000,000 will be issued
In an exchange filing on November 1, the company said that the board, in a meeting held on Saturday, approved the issue of foreign currency convertible bonds worth $40,000,000. “This is to inform that the Board of Directors of Kelton Tech Solutions Limited, at its meeting today, has approved the issuance of Foreign Currency Convertible Bonds worth US$ 40,000,000 (Forty Million US Dollars),” the company said in the filing. It was approved by the members in the Annual General Meeting held on September 30, 2025.
Earlier this year, the company had issued Foreign Currency Convertible Bonds (FCCB) worth a total of $10 million, of which the floor price of each bond was fixed at Rs 106 per share. During that time, the company had said in its regulatory filing that it had never defaulted in any promise related to FCCB before.
The company partnered with UNFPA
On October 30, Kelton said that the United Nations Population Fund (UNFPA) has selected our company to create and deploy generative AI-best applications to promote digital innovation and human-oriented transformation. In a filing to the stock exchange, the company said that this partnership is an important milestone in Kelton’s commitment to leverage Artificial Intelligence for social good, supporting a global development organization in accelerating progress towards the UN Sustainable Development Goals (SDGs).
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