Capricorn Systems Global Solutions Ltd — Important, 15-05-2026: Company Update

Capricorn Systems Global Solutions reported on the utilization of proceeds from its Rights Issue. The company confirmed no deviation from the stated objectives for the Rs. 23.98 crore raised. Of this, Rs. 18.00 crore was fully deployed for working capital, primarily supporting its newly commenced commodities trading business. An additional Rs. 5.12 crore was utilized for general corporate purposes and Rs. 0.28 crore for issue-related expenses. A balance of Rs. 0.58 crore remains unutilized, held in a monitoring account. This update assures investors that funds are largely being used as planned for business growth.