Newspaper Publication - Basis of Allotment
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions has completed allotment of its rights issue of 2,39,76,000 equity shares of Rs 10 face value at Rs 10 per share, aggregating up to Rs 2,397.60 lakhs (~Rs 23.98 crore). The issue was offered in a 6:1 ratio to eligible shareholders, with the record date set at January 30, 2026. It opened on February 9, 2026 and closed on February 24, 2026. The issue was subscribed at 103.98% with 162 valid applications for 24,93,049 shares, and 162 applications for 14,26,000 shares were rejected on technical grounds. All 2,39,76,000 shares were allotted on February 25, 2026. Share credit to demat accounts and refund dispatch were completed on February 26, 2026, and trading of the new shares is set to commence on BSE from February 27, 2026 under ISIN INE968E01012.
The rights issue was fully subscribed with a modest oversubscription of about 4%, indicating decent but not strong investor interest. Existing shareholders will see their share count grow by roughly 6x with equity dilution of about Rs 24 crore at par value; no immediate price action is expected but the stock may face mild supply pressure once rights shares begin trading on February 27, 2026.