Change in Directorate
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
String Metaverse Ltd announced a major leadership reshuffle at its board meeting on 8 September 2025. Mr. Sai Santosh Althuru stepped down as CEO and Mr. Meenavalli Krishna Mohan stepped down as CFO, though both will continue as Executive Directors on the board. Independent Director Mr. Hemant Prabhudas Vastani also resigned from the board, effective 7 September 2025. To fill the gaps, the company appointed Mr. Raghavendra Hunasgi (co-founder of Web3 neo bank Zeebu) as the new CEO, and re-designated Mr. Vastani as the new CFO effective 1 October 2025. Additionally, Mr. Amar Kumar, a pharmaceutical and international trade professional, was appointed as an Independent Director for a five-year term, subject to shareholder approval.
Back-to-back exits of the CEO and CFO can create short-term uncertainty, but both are staying on as Executive Directors and strong-profile replacements have been announced, which may reassure investors. The new CEO brings a Web3 and global marketing background, signalling a strategic push towards AI and Web3 ambitions.