Shares of THIS company to be in focus as board approves issuance of foreign currency convertible bonds: Details
GH News November 02, 2025 10:07 PM
Kellton Tech has informed exchanges that its board in a meeting held on Saturday considered and approved the issuance of $40000000 foreign currency convertible bonds. This is to inform that the Board of Directors of Kellton Tech Solutions Limited (“Company”) at its meeting held today has inter alia considered and approved Issuance of upto U.S.$ 40000000 (United States Dollars Forty Million) Foreign Currency Convertible Bonds (“FCCBs”). The issuance is pursuant to the approval of the members obtained at the Annual General Meeting held on September 30 2025 the company said in the filing. The company further said “... will continue to update the stock exchanges on material milestones of the proposed FCCB issuance including confirmation of terms documentation progress expected timelines and approvals as they crystallize.” On October 30 Kellton announced that the United Nations Population Fund (UNFPA) has chosen the firm to create and implement Generative AI-based applications aimed at enhancing digital innovation and human-oriented transformation within UNFPAs worldwide initiatives. In a filing with the stock exchange the company said that the partnership marks a major milestone in Kellton’s commitment to leveraging Artificial Intelligence for social good supporting a leading global development organisation in accelerating progress toward the UN Sustainable Development Goals (SDGs). This is to inform that the Board of Directors of Kellton Tech Solutions Limited (“Company”) at its meeting held today has inter alia considered and approved Issuance of upto U.S.$ 40000000 (United States Dollars Forty Million) Foreign Currency Convertible Bonds (“FCCBs”). The issuance is pursuant to the approval of the members obtained at the Annual General Meeting held on September 30 2025 the company said in the filing. The company further said “The Company will continue to update the stock exchanges on material milestones of the proposed FCCB issuance including confirmation of terms documentation progress expected timelines and approvals as they crystallize.” On October 30 Kellton announced that the United Nations Population Fund (UNFPA) has chosen the firm to create and implement Generative AI-based applications aimed at enhancing digital innovation and human-oriented transformation within UNFPAs worldwide initiatives. In a filing with the stock exchange the company said that the partnership marks a major milestone in Kellton’s commitment to leveraging Artificial Intelligence for social good supporting a leading global development organisation in accelerating progress toward the UN Sustainable Development Goals (SDGs).
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