Kellton Tech Solutions, a small-cap company that has delivered impressive multibagger returns of around 742% over the last five years, is expected to be in focus as it announces a stock split and fundraising plan.
The company’s board has approved a stock split in the ratio of 1:5, meaning each existing share with a face value of ₹5 will be split into five shares of ₹1 each. This move is intended to increase the liquidity of the stock and make it more affordable for small and retail investors. The final record date for this split will be decided after shareholder approval at the upcoming Extraordinary General Meeting (EGM) scheduled for July 11, 2025. Additionally, the company plans to raise up to ₹69.3 crore by issuing 55 lakh convertible warrants at ₹126 each to certain promoter and non-promoter investors.
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Each warrant will be converted into one equity share of ₹5 face value. Following this fundraising, the promoter Matnic Finvest LLP’s shareholding is expected to rise from 35.74% to 38.20%, while non-promoter investors like Karanjit Singh and Srinivas Potluri will also increase their stakes. Over the past year alone, Kellton Tech’s stock has risen by 30%, with a 52-week low of ₹95.05 in April and a high of ₹184.30 in July last year.
This strategic move is likely to boost investor interest and further strengthen the company’s position in the market.
