Statement of deviation or variation in utilization of proceeds from rights issue of equity shares for the quarter ended September, 2026

CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED Date: November 07, 2026 The Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, Maharashtra – 400 001. Sub: Statement of Deviation or Variation in Utilization of Proceeds from Rights Issue of Equity Shares for the Quarter ended September 30, 2026. Scrip Code: 512169 Dear Sir / Madam, Dear Sir / Madam, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Statement of Deviation or Variation in utilization of funds raised through the Rights Issue of Equity Shares for the quarter ended September 30, 2026, as detailed in Annexure-A. You are requested to kindly take the above information on record. Thanking You, Yours Faithfully, For Capricorn Systems Global Solutions Limited Maruthi Padmaja P Company Secretary & Compliance Officer Membership Number: A30146 Regd. office: H. No: 1-120/B/28, Plot No: 28, Siri Enclave Colony, Nizampet, Opp. Vignan School Back gate, Bachupally Mandal, Hyderabad - 500090. CIN: L52510TG1985PLC043347 www.capricornsys-global.com E-mail: capricornsys1985@gmail.com Ph. No.: +91 9391010934 CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED Annexure - A Statement on deviation / variation in utilization of funds raised Name of Listed Company Capricorn Systems Global Solutions Limited Mode of Fund Raising Rights Issue Date of Raising Funds 25th February 2026 Total Funds raised Rs. 23,97,60,000/- Amount Received (Rounded off Rs. 23.98 Crores) Report filed for quarter ended 30th September 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Infomerics Valuation and Rating Ltd Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of Not Applicable a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable The Audit Committee has noted that there is no deviation or variation in the Comments of the Audit Committee after review utilization of funds raised. Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation in the following table: Amount of Original Modified Funds Deviation/ Modified Unutilized Sr. Allocation allocation, if Utilized Variation for the Original Objects Object, If Amount (Rs. Remarks if any No. (Rs. in any (Rs. in (Rs. In quarter according any in Crores) Crores) Crores) Crores) to applicable object (Rs.in Crores) The entire amount allocated towards Working Capital Working Capital was 1 18.00 - 18.00 - - Requirements fully utilised during the quarter ended March 31, 2026. As at the end of the General Corporate 2 Purpose 5.48 5.68 5.68 - - quarter ended March 31, 2026, an amount of INR 0.36 crore allocated towards General Corporate Purposes and INR No 0.22 crore allocated towards Issue Expenses remained unutilised. During the 3 Issue Expenses 0.50 0.30 0.30 - - quarter ended June 30, 2026, the Company incurred Issue Expenses amounting to INR 0.01 crore. Further, pursuant to the disclosures made on Page Nos. 51 and 52 of the Letter of Offer Regd. office: H. No: 1-120/B/28, Plot No: 28, Siri Enclave Colony, Nizampet, Opp. Vignan School Back gate, Bachupally Mandal, Hyderabad - 500090. CIN: L52510TG1985PLC043347 www.capricornsys-global.com E-mail: capricornsys1985@gmail.com Ph. No.: +91 9391010934 CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED dated January 29, 2026, the difference of INR 0.20 crore between the estimated Issue Expenses and the actual Issue Expenses incurred was adjusted towards General Corporate Purposes and utilised towards meeting the Company's working capital requirements, which is one of the purposes specified under General Corporate Purposes. Accordingly, the aforesaid adjustment and utilisation between the heads of Issue Expenses and General Corporate Purposes have been duly accounted for, and the entire amount received under the Rights Issue has been utilised as on September 30, 2026, with no unutilised amount remaining Total 23.98 23.98 - - Deviation or variation could mean: (a) Deviation in the objects or purposes for which funds have been raised; or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed; or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. For Capricorn Systems Global Solutions Limited Maruthi Padmaja P Company Secretary & Compliance Officer Membership Number: A30146 Regd. office: H. No: 1-120/B/28, Plot No: 28, Siri Enclave Colony, Nizampet, Opp. Vignan School Back gate, Bachupally Mandal, Hyderabad - 500090. CIN: L52510TG1985PLC043347 www.capricornsys-global.com E-mail: capricornsys1985@gmail.com Ph. No.: +91 9391010934