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Awaiting price reaction for this filing.
String Metaverse has sold 470 fractional equity shares that arose during the merger of String Metaverse into Bio Green Papers, approved by NCLT Hyderabad on 28 May 2024. These fractional entitlements could not be allotted to individual shareholders and were held in a Trustee account. They were sold on 2 June 2025 at an average price of ₹155.55 per share, generating total proceeds of approximately ₹73,108. The proceeds will be distributed to the eligible shareholders in due course, with a further disclosure to follow confirming disbursement.
This is a routine cleanup of residual fractional shares from the 2024 merger and has negligible financial impact on the company or its shareholders. Investors may receive a small proportionate payout in due course once proceeds are disbursed.