Announced Tue, 24 Mar · 11:34 IST

Postal Ballot-Scrutinizer''s Report.

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹11.50
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.2-0.4+4.8-5.7-30.9-23.9-23.7-32.5
Up moveDown movePending
AI summary

String Metaverse Limited has completed its postal ballot (e-voting) process that ran from 21st February 2026 to 22nd March 2026. All three resolutions were passed with the requisite majority. 67 members voted in favour holding 6,25,43,261 shares, representing 100% of valid votes cast, while only 1 member holding 1 share voted against. The three resolutions covered: (1) Increase in Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association, (2) Sub-Division (Stock Split) of Equity Shares, and (3) Alteration of Capital Clause (Clause V) of the MoA. No physical postal ballot forms were dispatched or received, as voting was conducted entirely through electronic means per MCA guidelines.

Likely market impact

Shareholders have approved a stock split and an increase in authorised share capital, which could improve share liquidity and provide room for future fundraising or expansion. The overwhelming 100% approval indicates strong shareholder consensus on these corporate actions.