Letter of Offer for the Rights Issue of Equity Shares of the Company.
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions Limited has announced a Rights Issue of up to 2,39,76,000 fully paid-up equity shares at an issue price of Rs. 10 per share, which equals the face value of Rs. 10. The total issue size aggregates up to Rs. 2,397.60 Lakhs (around Rs. 24 crores), offered in the ratio of 6 Rights Equity Shares for every 1 fully paid-up share held. The record date has been fixed as Friday, January 30, 2026, with the issue opening on February 9, 2026, and closing on February 17, 2026. The Rights Issue Committee approved the Final Letter of Offer on January 29, 2026, and the shares are listed on BSE. KFin Technologies is the registrar to the issue.
This is a heavily dilutive rights issue — if fully subscribed, the share count will increase by 6 times, significantly diluting existing shareholders. Eligible shareholders must decide whether to subscribe, renounce, or let entitlements lapse by the closing date to protect their proportional ownership. The aggressive 6:1 ratio and at-par pricing may exert short-term pressure on the stock price as the ex-date approaches.