Capricorn Systems Global Solutions Ltd — Updates, 08-07-2025: Company Update

Capricorn Systems Global Solutions has withdrawn its proposed scheme to amalgamate with Radical Bio-Organics due to technical issues identified during evaluation. The related application for a no-objection letter with the stock exchange has also been withdrawn. The Board will reconsider the merger and may look into other strategic options that benefit the company and its shareholders. This pause reflects a cautious step to ensure future decisions support long-term value.