Investment5 Mar 2026, 04:00 pm
Hemanth Reddy Dandem Acquires Shares in Capricorn Systems Global Solutions Ltd. Through Rights Issue
AI Summary
Hemanth Reddy Dandem has disclosed the acquisition of equity shares in Capricorn Systems Global Solutions Limited. The acquisition was made through the subscription to the Rights Issue of the company, resulting in a change in shareholding beyond the prescribed threshold under the SEBI regulations. The acquisition increased the equity share capital from Rs.3,99,60,000 to Rs.27,97,20,000.
Key Highlights
- Hemanth Reddy Dandem has acquired shares in Capricorn Systems Global Solutions Ltd.
- The acquisition was made through the Rights Issue of the company.
- The acquisition has resulted in a change in shareholding beyond the prescribed threshold under the SEBI regulations.
- The equity share capital of Capricorn Systems Global Solutions Ltd. has increased from Rs.3,99,60,000 to Rs.27,97,20,000 due to the acquisition.