Capricorn Systems Global Solutions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/04/2026 ,inter alia, to consider and approve the scheme ....
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions Limited has announced a board meeting scheduled for April 11, 2026 to consider and approve the amalgamation of Radical Bio-Organics Limited with Capricorn Systems Global Solutions Limited. The amalgamation will be undertaken under Sections 230 to 232 of the Companies Act, 2013, which govern mergers and amalgamations. This is a prior intimation filing under SEBI Listing Regulations, specifically Regulation 29, to inform the stock exchange in advance about the upcoming board agenda. The registered office in Hyderabad will host the meeting. This is the initial step before any formal scheme petition is filed with the National Company Law Tribunal (NCLT) for approval.
If approved, the amalgamation will combine Radical Bio-Organics Limited into Capricorn Systems, potentially affecting the company's financial structure, shareholding pattern, and business operations. Shareholders should monitor for further updates on the scheme terms and NCLT filings.