Bonus shares allotted to public shareholders to meet 25% MPS norm

Corporate Actions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.9%Reaction day

₹7.70

prior close

₹8.08

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+4.1% vs market

IT Enabled Services peers, median of 72sector+0.7%+4.2% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.2 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9+0.8+4.1+0.7+4.2

Next day

+4.7+0.1+4.5-0.9+5.6

+0.8+0.0+0.7-0.3+1.1

+0.3-0.6+0.8-1.5+1.8

-1.6-0.9-0.7-2.8+1.2

-2.7+0.2-2.9-1.9-0.8

-3.8+1.2-5.0-1.0-2.7

15d

-14.3+0.7-15.0-2.6-11.7

-16.9-0.4-16.4-4.9-12.0

-0.5+5.2-5.7-5.1+4.6

+9.1+5.4+3.7-4.9+14.0

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

String Metaverse allotted 5.55 crore bonus equity shares of Re.1 each exclusively to public shareholders in a 2:9 ratio (2 bonus for every 9 held). Record date was June 19, 2026. Promoters forewent their entitlement. Public shareholding rose from 21.48% to 25.06%, achieving the Minimum Public Shareholding compliance threshold. Total paid-up equity capital increased to about 12.20 crore shares.

Likely market impact

Stock price usually adjusts downward on the ex-date. No fresh cash for the company. Removes risk of MPS non-compliance penalty.