Capricorn Systems Global Solutions Limited has witnessed significant changes in its shareholding pattern following the completion of its rights issue, with multiple investors crossing regulatory thresholds and triggering SEBI disclosure requirements. The rights issue resulted in a seven-fold expansion of the company's equity base, leading to substantial dilution for existing shareholders while creating new major stakeholders.

New Major Shareholders Emerge

The rights issue has created several new significant shareholders in Capricorn Systems, with four investors crossing the regulatory disclosure thresholds:

Promoter Group Shareholding Dilution

Despite participating in the rights issue, the promoter group experienced significant dilution in their percentage holding due to the massive expansion in share capital:

Capital Structure Transformation

The rights issue resulted in a dramatic expansion of Capricorn Systems' equity share capital, explaining the dilution experienced by existing shareholders:

Regulatory Compliance and Disclosures

All disclosures were made pursuant to Regulations 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were allotted on February 26, 2026, with all disclosure filings submitted to BSE Limited on March 05, 2026. All acquired shares are equity shares with voting rights, with no encumbrances or convertible securities involved in the transactions. The substantial changes in shareholding pattern reflect the success of the rights issue in raising capital while significantly altering the company's ownership structure.

Capricorn Systems Global Solutions Limited has announced the successful completion of its rights issue allotment, with the Rights Issue Committee of the Board of Directors approving the allotment of 2,39,76,000 fully paid-up rights equity shares on February 25, 2026. The allotment represents a significant capital expansion for the technology solutions company.

Rights Issue Details

The rights equity shares were allotted at an issue price of Rs. 10 per share, matching the face value of Rs. 10 each. The rights issue was structured in the ratio of 6 rights equity shares for every 1 existing fully paid-up equity share held as on the record date of January 30, 2026.

Capital Structure Transformation

The rights issue has resulted in a substantial increase in the company's equity base. The paid-up equity share capital has expanded from Rs. 3,99,60,000 to Rs. 27,97,20,000, representing a significant capital infusion.

Pre-Rights Issue vs Post-Rights Issue Capital:

Regulatory Compliance and Process

The allotment was conducted in accordance with the terms outlined in the Letter of Offer dated January 29, 2026. The basis of allotment was finalized in consultation with KFin Technologies Limited, which served as the Registrar to the Issue, and received approval from BSE Limited as the designated stock exchange for the issue.

The company has formally communicated the allotment outcome to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Rights Issue Committee meeting was held on February 25, 2026, commencing at 7:30 PM and concluding at 7:55 PM.

Corporate Communication

The formal communication to BSE Limited was addressed to the Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Mumbai. The announcement was signed by Maruthi Padmaja Prayaga, Company Secretary and Compliance Officer, with membership number A30146, from the company's Hyderabad office. Additional information regarding the rights issue is available on the company's website at www.capricornsys-global.com .