Description

Trading in Rights Entitlements (REs) for Capricorn Systems Global Solutions Limited permitted from February 09-12, 2026, with Rights Issue opening February 09-17, 2026.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for Capricorn Systems Global Solutions Limited. Trading for renunciation will be permitted from February 09-12, 2026, while the Rights Issue itself will remain open from February 09-17, 2026. The REs will trade in dematerialized form only on a T+1 rolling settlement basis with trade-for-trade settlement.

Key Points

  • Rights Entitlements trading period: February 09-12, 2026 (Monday to Thursday)
  • Rights Issue period: February 09-17, 2026
  • Scrip Code: 751082
  • Scrip ID: CAPRI-RE
  • ISIN: INE968E20012
  • Market Lot: 1
  • Group: R
  • Settlement: T+1 Rolling Settlement on trade-for-trade basis
  • Trading form: Dematerialized only
  • REs not subscribed or renounced before issue closing date will lapse and be extinguished

Regulatory Changes

No new regulatory changes. This circular implements existing framework for Rights Entitlements trading as per previous notices dated March 05, 2020 (notice no-20200305-21) and May 18, 2020 (notice no-20200518-34).

Compliance Requirements

  • Trading Members must inform all clients about the commencement of RE trading
  • Must clearly mention the ISIN of the RE to clients
  • Must ensure clients do not mistake REs for ordinary shares
  • Contract notes/bills containing RE purchases must include prominent disclaimer stating:
    • Purchase of REs only provides right to participate in Rights Issue by making application with requisite money or renounce before issue closes
    • REs neither subscribed nor renounced before Issue Closing Date will lapse and be extinguished
  • Trading Members must refer to earlier circulars (20200305-21 and 20200518-34) for complete details

Important Dates

  • February 09, 2026 (Monday): RE trading for renunciation begins; Rights Issue opens
  • February 12, 2026 (Thursday): RE trading for renunciation ends
  • February 17, 2026: Rights Issue closes
  • REs must be subscribed or renounced on or before Issue Closing Date to avoid lapsing

Impact Assessment

Market Impact: Medium - affects existing shareholders of Capricorn Systems Global Solutions Limited who hold Rights Entitlements. The 4-day trading window for renunciation provides liquidity for shareholders who do not wish to subscribe to the rights issue.

Operational Impact: Trading Members need to ensure proper client communication and include required disclaimers in contract notes. The T+1 settlement and trade-for-trade basis requires appropriate operational setup. Shareholders must be aware of the limited renunciation period and the consequences of not acting before the issue closing date.

Impact Justification

Standard rights entitlements trading notification affecting shareholders of Capricorn Systems with specific trading and settlement procedures