Change in Direcorate of The Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
String Metaverse Ltd (formerly Bio Green Papers Ltd) announced two board-level resignations: Mr. Ghanshyam Das stepped down as Chairman and Non-Executive Director effective 29th May 2026 citing personal reasons, and Mr. Arvind Jadhav resigned as Independent Director effective 2nd June 2026 citing personal and professional reasons. To fill the chairmanship, the board appointed Dr. Sethurathnam Ravi, a former Chairman of BSE Limited, as Additional Director (Non-Executive, Non-Independent) and Chairman of the company, subject to shareholder approval. Dr. Ravi is a Fellow Chartered Accountant with over 37 years of board-level experience across PSU banks, insurance, and capital markets. The board also reconstituted the Nomination and Remuneration Committee with three independent directors, now chaired by Mr. Sarat Kumar Malik.
The appointment of a high-profile former BSE Chairman as new Chairman may strengthen governance credibility, though two back-to-back director resignations could raise minor investor questions. Shareholders will need to approve Dr. Ravi's appointment at the next general meeting.