• Source:JND
Add as a preferred

Kellton Tech Solutions Ltd, a small-cap IT firm, has announced a stock split for the first time in its history. The company informed the exchanges on Saturday, June 14, 2025, that its board has approved the sub-division of equity shares in a 5:1 ratio.

As per the exchange filing, each existing equity share with a face value of Rs 5 will be split into five shares with a face value of Rs 1 each. The move is aimed at enhancing liquidity and making the stock more accessible to retail investors.

A stock split is a corporate action that increases the number of outstanding shares by dividing the existing shares, without affecting the company’s overall market capitalisation. It typically helps in improving affordability and trading activity.

Also Read: Bajaj Finance Shares Zoom After Adjusting To 4:1, Stock Split

"Considered, approved, and recommended to the shareholders, an Ordinary Resolution to be passed at the forthcoming Extraordinary General Meeting (EGM), for the alteration of the share capital of the Company by way of sub-division/split of each existing equity share of the Company having a face value of Rs 5/- each, fully paid-up, into 5 equity shares having a face value of Rs 1/-, fully paid-up," the company said in a filing.

Stock Performance

Following the announcement, shares of Kellton Tech were trading 2% lower at Rs 128 apiece around 11:30 AM on the BSE on Monday.

Despite today’s decline, the stock has delivered a strong performance over the years. It has gained 25% in the last year and more than doubled investors' wealth in two years with a return of 116%. Over five years, the stock has surged over 800%, turning into a multibagger.

Also Read: Stock Under Rs 50: Smallcap IT Stock Hits Upper Circuit Amid Market Rally; Here's Why

Kellton Tech, which has a market capitalisation of Rs 1,248 crore, provides IT services and technology consulting across various sectors.

Disclaimer:  This is just a piece of news about recent developments in the stock. Jagran does not advise investing. Please take expert advice before investing. 

Also In News