Capricorn Systems Global Solutions Sets Meeting to Finalize Rights Issue Details

1 min read Updated on 13 Oct 2025, 04:19 PM

Reviewed by

Naman SharmaScanX News Team

Overview

Capricorn Systems Global (BSE: 512169) has scheduled a Rights Issue Committee meeting for October 16, 2025, to determine key aspects of its upcoming rights issue. The committee will decide on the issue price, entitlement ratio, record date, and other modalities for the fully paid-up equity shares with a face value of ₹10 each. This follows the initial approval of the rights issue by the Board of Directors on October 10, 2025. The rights issue is aimed at eligible equity shareholders, offering them an opportunity to increase their stake in the company.

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Capricorn Systems Global , a company listed on the Bombay Stock Exchange (BSE: 512169), has announced a crucial meeting to determine the specifics of its upcoming rights issue. This development comes as part of the company's strategic financial planning, following the initial approval of the rights issue by the Board of Directors.

Key Meeting Details

The Rights Issue Committee of the Board of Directors is scheduled to convene on Thursday, October 16, 2025. This meeting will focus on finalizing several critical aspects of the rights issue:

Aspect	Description
Issue Price	The price at which new shares will be offered
Entitlement Ratio	The number of new shares offered for each existing share held
Record Date	The date used to determine eligible shareholders
Other Modalities	Additional terms and conditions of the rights issue

Background

The decision to proceed with a rights issue was initially approved by the Board of Directors in a meeting held on Friday, October 10, 2025. This rights issue will involve fully paid-up equity shares with a face value of ₹10 each.

Significance for Shareholders

This rights issue is specifically targeted at eligible equity shareholders of Capricorn Systems Global. It presents an opportunity for existing shareholders to increase their stake in the company, potentially at a favorable price.

Market Impact

While the specific financial implications of this rights issue are yet to be determined, such corporate actions often have significant effects on a company's capital structure and shareholder value. Investors and market analysts will be keenly awaiting the outcome of the October 16 meeting for a clearer picture of the issue's terms and potential market impact.

Shareholders and potential investors are advised to stay informed about the upcoming announcements regarding the rights issue, as these details will be crucial for making informed investment decisions.

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