Kellton Tech Solutions Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

The company may issue equity shares and/or any other eligible securities (convertible/non-convertible) through permissible modes, including but not limited to private placement, qualified institution placement (QIP), preferential issue, or any other method or combination of methods.

Kellton is a global technology consulting and IT services company. It helps businesses of all sizes, ranging from startups to SMEs and Fortune 500s, build disruptive digital solutions. With operations across the US, Europe, India, and the Asia Pacific and a global team of more than 1800 employees, it enables clients to use technology as their competitive advantage.

The company reported an 18.9% increase in consolidated net profit to Rs 19.66 crore on a 12.5% rise in net sales to Rs 270.69 crore in Q2 FY25 over Q2 FY24.

Shares of Kellton Tech slipped 3.77% to Rs 156.90 on the BSE.

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Kellton Tech Solutions will hold a meeting of the Board of Directors of the Company on 19 December 2024.

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The Board of Kellton Tech Solutions will meet on 19 December 2024 to consider and approve raising of long term resources from domestic and/or global markets, inter alia, by issue of equity shares/equity-linked securities/ warrants convertible into equity shares, by way of preferential issue and/or qualified institutional placement and/or rights issue and/or foreign currency convertible bonds or any other method including determination of issue price, if any and seeking members' and other approval(s), as the Board may deem appropriate.

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Shares of Oil India were higher 0.31% to Rs 470.95 on the BSE.

Optima is designed to address key challenges in upstream operations by providing advanced capabilities for data-driven decision-making.

This strategic project focuses on deploying the Optima platform across 77 wellheads located in Duliajan, Assam, an Indian region rich in natural resources. By integrating realtime monitoring capabilities, AI-driven analytics, and cloud-based infrastructure, Optima will enable seamless data acquisition and precise performance tracking.

This engagement is expected to significantly improve Oil India's operational workflows, enhance production efficiency, and reduce potential risks through predictive maintenance.

Krishna Chintam, Global CEO, Kellton, said, “This partnership with Oil India is a testament to our expertise in delivering transformative digital solutions tailored to industry-specific challenges. We are excited to contribute to modernizing their operations, and we are confident that Optima will set a benchmark for innovation and efficiency in the energy sector.”

Kellton is a global technology consulting and IT services company. It helps businesses of all sizes, ranging from startups to SMEs, and Fortune 500s, build disruptive digital solutions. With operations across the US, Europe, India, and the Asia Pacific and a global team of more than 1800 employees, it enables clients to use technology as their competitive advantage

Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 30 September 2024, the Government of India held 56.66% stake in the company.

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