Capricorn Systems Global Solutions Limited has informed BSE that the Meeting of the Rights Issue Committee of the Board of Directors which was scheduled to be held today i.e October 18, ....
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions has postponed its Rights Issue Committee meeting, which was originally scheduled for October 16, then moved to October 18, 2025. The meeting is now rescheduled to Tuesday, October 21, 2025. The delay is because the company is still awaiting in-principle approval from BSE for the proposed Rights Issue. The committee was set to finalize key details such as Issue Price, Issue Size, Entitlement Ratio, and Record Date. The underlying Rights Issue itself was approved by the Board on October 10, 2025.
This is a procedural delay and not a cancellation. Shareholders should note that the rights issue is still progressing but is dependent on BSE clearance before key terms can be announced.