Capricorn Systems Global Solutions Limited has informed BSE that the Rights Issue Committee Meeting of the Board of Directors which was scheduled to be held today i.e October 16, 2025, ....
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions has postponed its Rights Issue Committee meeting, originally scheduled for October 16, 2025, to Saturday, October 18, 2025. The meeting was meant to finalise key terms of the rights issue, including the issue price, entitlement ratio, record date, and other modalities. The reason for the delay is that the company is still awaiting in-principle approval from BSE for the proposed rights issue, which was approved by the Board on October 10, 2025. The postponement means shareholders will have to wait a couple more days for clarity on the rights issue structure and timeline.
Short-term impact is neutral — this is a procedural delay pending regulatory clearance, not a change in the rights issue itself. Shareholders should watch for the revised record date announcement after the rescheduled meeting on October 18, as it will determine eligibility for the rights entitlement.