News Corporate Actions Capricorn Systems Global Solutions Sets January 30, 2026 Record Date for ₹24 Crore Rights IssueCapricorn Systems Global Solutions Sets January 30, 2026 Record Date for ₹24 Crore Rights Issue
Capricorn Systems Global Solutions Limited announces January 30, 2026 as record date for its rights issue of 2,39,76,000 equity shares at ₹10.00 per share, totaling ₹23,97,60,000. The Right Issue Committee approved 6:1 entitlement ratio on January 23, 2026, following Board approval for raising up to ₹24 crores. The issue will expand equity base from 39,96,000 to 2,79,72,000 shares upon full subscription.
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Capricorn Systems Global Solutions Limited has set January 30, 2026 as the record date for determining eligible shareholders for its upcoming rights issue. The company's Right Issue Committee, meeting on January 23, 2026, approved the final terms and conditions for the equity fundraising initiative.
Rights Issue Structure and Terms
The rights issue involves 2,39,76,000 fully paid-up equity shares with a face value of ₹10.00 each, priced at ₹10.00 per share. The total issue size amounts to ₹23,97,60,000, assuming full subscription by eligible shareholders.
| Parameter: | Details |
|---|---|
| Issue Size: | ₹23,97,60,000 |
| Number of Shares: | 2,39,76,000 |
| Issue Price: | ₹10.00 per share |
| Face Value: | ₹10.00 per share |
| Entitlement Ratio: | 6:1 |
| Record Date: | January 30, 2026 |
Eligible shareholders will receive 6 rights equity shares for every 1 existing equity share held as on the record date. This represents a significant expansion of the company's equity base.
Equity Share Structure Impact
The rights issue will substantially increase Capricorn Systems' equity capital structure. Currently, the company has 39,96,000 equity shares outstanding. Upon completion of the rights issue, the total equity shares will reach 2,79,72,000 shares.
| Equity Structure: | Share Count |
|---|---|
| Pre-Rights Issue: | 39,96,000 shares |
| Rights Issue Shares: | 2,39,76,000 shares |
| Post-Rights Issue: | 2,79,72,000 shares |
Implementation and Compliance Framework
The rights issue operates under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and follows the company's Board approval granted on October 10, 2025 for raising up to ₹24 crores. The company has coordinated with NSDL and CDSL for dematerialized credit of rights entitlements to eligible shareholders' demat accounts.
The rights entitlements will carry the ISIN INE968E20012 and will be credited to eligible shareholders' demat accounts before the issue opening date. The Right Issue Committee meeting commenced at 4:00 p.m. and concluded at 4:45 p.m. on January 23, 2026.
Regulatory Disclosures
Capricorn Systems has fulfilled disclosure requirements under Regulation 30 of the Listing Regulations and SEBI circulars. The company will provide additional terms including fractional entitlements and issue schedule details in the Letter of Offer to be filed subsequently. All relevant information has been made available on the company's website at capricornsys-global.com.
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