ALPHA TRIBE

Capricorn Systems Global Solutions LtdImportant, 29-01-2026: Company Update

29-01-2026 | 09:43 pm

Capricorn Systems Global Solutions has announced a Rights Issue offering up to 2.3976 crore new equity shares at ₹10 each, aiming to raise up to ₹23.976 crore. These funds will primarily bolster working capital (₹18 crore) for its newly diversified commodities trading business, encompassing agricultural products, food & beverages, oils, and chemicals. An additional ₹5.476 crore is allocated for general corporate purposes. The company recently transitioned its operations from primarily software services to a "bill-to-ship" trading model. Eligible shareholders will receive 6 new shares for every 1 existing share held. The Rights Issue Committee approved the final offer.

No comments yet. Be the first to comment!

All announcements from Capricorn Systems Global Solutions Ltd