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▲ 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 (BSE: 534535, ISIN: INE958L01026) has filed newspaper advertisements for its proposed Rights Issue of equity shares, published in Financial Express (English) on April 13, 2025 and Nava Telangana (Telugu) on April 14, 2025. The Letter of Offer was issued on April 12, 2025, with the issue price set at ₹2.00 per share. The rights issue window appears to run from approximately April 21 to April 28, 2025, with MUFG Intec India (formerly Link Intime) acting as the registrar. The filing has been made under SEBI LODR Regulations 2015 (Regulation 30 & 47) and SEBI ICDR Regulations 2018 (Regulation 84). Existing shareholders will need to apply through the ASBA mechanism using their existing shareholdings.
Existing shareholders will need to act within the rights issue window (around April 21-28, 2025) to subscribe to their entitlement at ₹2.00 per share. Failure to apply or renounce rights in time will result in dilution of holdings. This is a regulatory disclosure confirming the rights issue is now formally open.