Postal Ballot Voting Results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
String Metaverse Limited conducted a postal ballot (e-voting only) on one special resolution: approval for issue of Bonus Shares to Public Shareholders of the company for Minimum Public Shareholding (MPS) compliance. E-voting was open from 6th May 2026 to 4th June 2026. The resolution was passed with overwhelming approval — 126 members holding 82,42,00,654 shares voted in favour (100% of valid votes cast), while only 2 members holding 30 shares voted against. The scrutinizer, Balaramakrishna & Associates, has confirmed the resolution stands passed with the requisite majority.
The bonus share issue is aimed at increasing public shareholding to meet SEBI's minimum public shareholding norms, which is typically positive for public shareholders as it increases their share count without additional cost. Strong near-unanimous approval signals broad shareholder consent, though the bonus ratio and record date are yet to be announced.