The Rights Issue Committee Meeting of the Board of Directors of the Company is further postponed and is scheduled to be held on October 25, 2025.
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions has postponed its Rights Issue Committee meeting for the fifth time. Originally set for October 16, 2025, the meeting has been sequentially pushed to October 18, 21, 23, and now rescheduled to October 25, 2025. The committee is expected to finalise the issue price, issue size, entitlement ratio, record date, and other terms of the rights issue that was approved by the Board on October 10, 2025. The company cited the pending in-principle approval from BSE for the delay.
Repeated postponements may create uncertainty among shareholders awaiting clarity on the rights issue terms, and the stock could see short-term volatility until the meeting concludes. Investors should watch for the October 25 announcement for concrete details on pricing and the record date.