The Board of Directors of the Company has inter-alia considered and approved the fund raising by way of the issue of fully paidup Equity Shares on Rights Basis.
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions Limited's Board of Directors, at its meeting on October 10, 2025, approved raising funds by issuing fully paid-up equity shares to existing eligible shareholders on a rights basis, for an amount of up to Rs. 24 Crores. The issue price, entitlement ratio, record date, and payment schedule are yet to be decided by a newly formed Rights Issue Committee. The move is subject to approvals under the Companies Act, 2013 and SEBI (ICDR) Regulations, and the specific use of proceeds has not been disclosed in this filing.
Existing shareholders will get an opportunity to subscribe to additional shares in proportion to their current holdings, but the issue could lead to equity dilution if they choose not to participate. Final terms (price and ratio) will determine whether the rights entitlement is attractive or dilutive for current investors.