The Rights Issue Committee Meeting of the Board of Directors of the Company is further postponed and is scheduled to be held on Monday, October 27, 2025.
Awaiting price reaction for this filing.
Capricorn Systems Global Solutions has postponed its Rights Issue Committee meeting once again, now rescheduled to Monday, October 27, 2025. This meeting has been delayed multiple times — originally set for October 16, then pushed to October 18, 21, 23, 25, and now October 27. The committee is expected to finalize key details of the Rights Issue approved by the Board on October 10, 2025, including the Issue Price, Issue Size, Entitlement Ratio, and Record Date. The reason for the latest postponement is that BSE's in-principle approval for the Rights Issue is still under process.
Repeated delays in finalizing Rights Issue terms suggest administrative bottlenecks and pending exchange approval, which may create uncertainty for existing shareholders awaiting clarity on entitlement ratio, pricing, and record date.