MANUFACTURING
Capricorn Systems To Merge With Radical Bio; Shift To Ethanol Business
Capricorn Systems Global Solutions Ltd (CSGL), a Hyderabad-based listed entity, has approved a merger with Radical Bio-Organics Ltd (RBOL) as part of its diversification strategy to exit the IT-enabled services business and enter high-growth distillery and chemical manufacturing segments. On April 11, 2026 the board approved the merger with a 1:1 share exchange ratio. Post-merger, […]
