Capricorn Systems: No Deviation in Rights Issue Fund Utilization

Capricorn Systems Global Solutions Ltd has reported no deviation or variation in the utilization of funds raised through its Rights Issue for the quarter ended June 30, 2026. The company raised ₹23.98 Crores and has fully utilized the allocated ₹18.00 Crores for Working Capital. A minor adjustment was made to Issue Expenses, with ₹0.29 Crores incurred against an estimate of ₹0.50 Crores, and the remaining ₹0.01 Crores to be utilized next quarter. The unspent amount of ₹0.20 Crores from Issue Expenses was adjusted towards General Corporate Purposes. The Audit Committee has reviewed and noted the proper utilization of funds.