Postal Ballot_ Scrutinizer''s Report.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
String Metaverse Limited conducted a postal ballot through e-voting from 6th May 2026 to 4th June 2026, with the cut-off date set as 1st May 2026. The single resolution on the ballot was a Special Resolution to approve the issue of Bonus Shares to Public Shareholders of the Company in order to comply with the Minimum Public Shareholding (MPS) requirement. The resolution was passed overwhelmingly, with 126 members voting in favour holding 82,42,00,654 shares (100% of valid votes cast), and only 2 members voting against holding just 30 shares. No votes were invalid or abstained. The Scrutinizer, Balaramakrishna & Associates, has confirmed the result.
The approved bonus share issue is intended to lift the company's public shareholding to the regulatory minimum required under SEBI rules. Shareholders should expect dilution in their ownership percentage but a corresponding increase in the number of shares held, which may also influence stock price and liquidity.