ALPHA TRIBE

Capricorn Systems Global Solutions LtdImportant, 10-10-2025: Company Update

10-10-2025 | 07:33 pm

Capricorn Systems Global Solutions has launched a Rights Issue to raise up to ₹24 Cr, with the funds primarily allocated for the working capital needs of its newly diversified commodities trading operations. The company recently expanded its business to include agricultural products, food and beverages, oils, and chemicals, alongside existing software services. This move follows a net loss of ₹0.91 Cr for the last fiscal year and negative operating cash flows. Promoters will not subscribe to their entitlements, resulting in a dilution of their shareholding. The Issue is a key step to bolster the company’s financial position for its strategic business expansion.

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