650% rally in five years! Multibagger small-cap stock Kellton Tech Solutions declares closure of FCCB issue
Multibagger small-cap stock Kellton Tech Solutions on Tuesday 20 May 2025 intimated the National Stock Exchange of India and the BSE or Bombay Stock Exchange about is FCCB issue.
Multibagger small-cap stock Kellton Tech Solutions said that In continuation to its earlier communication dated May 16, 2025, regarding the opening of the Foreign Currency Convertible Bond issue or FCCB Issue for subscription, it wishes to inform you that the said FCCB Issue has been successfully closed as of the end of business hours on Tuesday May 20, 2025.
The Company Kellton Tech Solutions thereby has successfully raised USD 10 million from the offering (Foreign Currency Convertible Bond issue or FCCB), as per the relase on the exchanges.
The Board of Director of the Board of Kellton Tech Solutions at their meeting held on May 14, with consent of the members of the Company obtained by means of passing requisite resolution earlier (January 22, 2025) and after achieving In-principle Approval dated February 20, 2025 obtained from the BSE Limited, and alsp from the National Stock Exchange of India Limited, proposed issue of the Foreign Currency Convertible Bonds ('FCCBs') for an aggregate amount not exceeding Rs. 100 Crores and its equivalent if foreign currency
The Board had approved the issue of $10,000,000 aggregate value of FCCBs at 100% of its principal value. The the Initial Conversion price of the FCCB'S was set to be Rs.106/-. The company planned to allot 10,000 6.5 per cent. senior unsecured foreign currency convertible bonds due 2035 of face value of $1000 each, convertible into fully paid-up equity shares of face value of Re.5 each of the Company at a price of Rs.106/
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
29 minutes ago
- India.com
THIS Perfume Costs Rs. 151,000,000- Check 10 Most Expensive Perfumes In The World
photoDetails english 2934902 Updated:Jul 21, 2025, 07:16 PM IST Check 10 Most Expensive Perfumes In The World 1 / 11 These exceptional perfumes are more than just scents; they are luxurious statements that offer a unique and refined olfactory journey. Below is a list of the world's top 10 most expensive perfumes, as reported by TOI. Le Monde Sur Mesure – USD 1.8 Million (Approx. INR 15.10 Crore) 2 / 11 Crafted by a French company based in Paris, this five-kilogram perfume bottle commands an astounding price of USD 1.8 million. It is lavishly decorated with 1,000 diamonds and two kilograms of gold, making it a true symbol of opulence. Le Monde Sur Mesure – USD 1.5 Million (Approx. INR 12.58 Crore) 3 / 11 Another masterpiece from the same manufacturer, this perfume was specially made for a private Middle Eastern family. Valued at USD 1.5 million, the bottle is encased in golden armor encrusted with diamonds. Shumukh – USD 1.3 Million (Approx. INR 10.91 Crore) 4 / 11 Produced by the luxury brand Nabeel in the UAE, Shumukh is priced at USD 1.3 million. Its bottle is embellished with 3,571 diamonds, large pearls, 5 kilograms of pure silver, and 18-karat gold. DKNY Golden Million Dollar Fragrance Bottle – USD 1 Million (Approx. INR 8.39 Crore) 5 / 11 Designed by DKNY in collaboration with jewelry designer Martin Katz, this exquisite bottle is worth USD 1 million. It boasts 183 yellow sapphires, 2,700 white diamonds, 15 pink diamonds, 4 rose-cut diamonds, a cabochon sapphire, a Paraiba tourmaline, an oval-cut ruby, and a pear-shaped rose-cut diamond. Creed Royal Service – USD 1 Million (Approx. INR 8.39 Crore) 6 / 11 Creed's ultra-luxury fragrance is priced at USD 1 million and comes in a bespoke bottle that epitomizes exclusivity and elegance. Jar Bolt Of Lightning – USD 765,000 (Approx. INR 6.42 Crore) 7 / 11 Known for its rare combination of floral and spicy scents, this perfume comes in a striking bolt-shaped bottle and costs USD 765,000. Clive Christian Imperial Majesty – USD 12,721.89 Per Ounce (Approx. INR 1.07 Crore Per Ounce) 8 / 11 Featuring an enchanting blend of Tahitian vanilla, rosa centifolia, and aphrodite (the goddess of love and beauty), this perfume is priced at USD 12,721.89 per ounce. Baccarat Les Larmes Sacrees De Thebes – USD 6,800 Per Ounce (Approx. INR 5.70 Crore) 9 / 11 Known for its exceptional crystal craftsmanship, Baccarat offers this limited-edition fragrance in a pyramid-shaped crystal bottle, priced at USD 6,800 per ounce. Chanel Grand Extrait – USD 4,200 Per Ounce (Approx. INR 3.52 Crore) 10 / 11 Chanel Grand Extrait, costing USD 4,200 per ounce, delivers a bouquet of abstract floral notes with a distinctly feminine allure, representing both fragrance artistry and luxury. Clive Christian No. 1 – USD 2,150 Per Ounce (Approx. INR 1.80 Crore) 11 / 11 Launched in 2001 and reissued in 2006, Clive Christian No. 1 is available in two versions: Floral for women and Oriental for men. It is priced at USD 2,150 per ounce.
The Hindu
29 minutes ago
- The Hindu
Super League Kerala signs five-year Rs 100-crore streaming rights deal with Sports.com
a part of the USA-based SEGG Media Group, has signed a five-year global partnership with Super League Kerala that could increase the football league's viewership in a big way. 'This is a Rs 100-crore deal and the contract is for five years. The global live streaming rights are now with Mathew Joseph, the CEO of the Super League Kerala (SLK), told Sportstar on Monday. 'This is also first entry into India; it will become the exclusive OTT platform for the SLK, and it will be free of cost. That is what we are more interested in,' he added. Joseph revealed that the deal, signed in Dubai, will also help build more content around the SLK, which attracted nearly 13 million viewers for its debut season last year. ALSO READ | VP Suhair set to join Jamshedpur FC ahead of Durand Cup 'They will also help us with content creation around the SLK which they have done globally for many sports…behind the scenes, they create a lot of interesting documentaries,' said Joseph. 'This deal represents a huge leap forward for the SLK. It allows us to amplify our reach across continents while delivering world-class fan engagement and streaming experiences to millions who love Kerala football,' said Firoz Meeran, Director, SLK. 'This is more than a sports rights deal. To enter the Indian market through Kerala, a State with an electrifying football culture and millions of global fans, gives us a high-growth, cash-yielding product to launch the app with force,' Firoz added. Related Topics Super League Kerala
Hans India
29 minutes ago
- Hans India
Havells India's Q1 net profit falls 33 pc sequentially, revenue down 17 pc
Mumbai: Havells India on Monday reported a net profit of Rs 347.53 crore in the first quarter (Q1) of FY26, down 32.78 per cent on quarter-on-quarter (QoQ) basis from Rs 517 crore in Q4 FY25. Revenue from operations also dropped by 16.63 per cent, falling to Rs 5,455.35 crore from Rs 6,543.56 crore in the previous quarter, according to its stock exchange filing. Total income for the quarter also followed suit and stood at Rs 5,524.53 crore -- marking a 16.45 per cent decline from Rs 6,612.28 crore in Q4 FY25. Year-on-year (YoY), the company also saw a drop in its profit. Consolidated profit after tax (PAT) fell 14.75 per cent from Rs 407.51 crore in the April-June quarter of the previous fiscal. Revenue from operations also declined 6 per cent YoY from Rs 5,806.21 crore in Q1 FY25. The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) fell to Rs 570 crore, slightly lower than Rs 576 crore in the same quarter previous year. The EBITDA margin dropped to 5.6 per cent, compared to 9.9 per cent a year ago, as per its exchange filing. Havells attributed the weak performance to an unusually mild summer this year, which hurt demand for cooling products like fans and air coolers. It noted that while industrial and infrastructure demand remained strong, consumer sentiment was weak. "Tepid summer this year, in contrast to the strong season last year, led to significant decline in cooling products," the company said in its exchange filing. Among its segments, wires and cables performed strongly, with revenue rising 27.1 per cent to Rs 1,933 crore compared to Rs 1,521 crore a year ago. However, the lighting and fixtures business slipped 3.1 per cent to Rs 374 crore. The company also highlighted that the performance of its Lloyd brand was impacted due to unseasonal rains and a shorter summer, leading to higher inventory levels and flattish growth in the first half of the calendar year. The results were announced after market hours. Ahead of the announcement, Havells' stock closed 0.95 per cent higher at Rs 1,533 on the National Stock Exchange (NSE).
