Outcome of Board Meeting held on 13th February,2026.

The Board of String Metaverse Limited approved a sub-division (stock split) of equity shares at a ratio of 1:10, reducing face value from ₹10 to ₹1 per share, subject to shareholder approval via postal ballot. Pre-split, the company has 11,64,32,311 equity shares of ₹10 each (paid-up capital ~₹116.43 crore); post-split, this will become 116,43,23,110 shares of ₹1 each, with the same total paid-up capital value. The rationale cited is to improve liquidity and affordability for retail investors, linked to a Resolution Plan and Scheme of Arrangement sanctioned by the NCLT Hyderabad Bench on May 28, 2024. The Board also approved alteration of the Capital Clause of the MOA, appointed a scrutinizer for the postal ballot, constituted a Risk Management Committee, and adopted the Risk Management Policy and Dividend Distribution Policy. The record date will be announced after shareholder approval, with completion expected within 2 months.