Resignation of Independent Director
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Mrs. Naga Anusha Vegi (DIN: 08293731), an Independent Director on the board of String Metaverse Limited, has resigned with effect from August 4, 2025, citing personal obligations. She also stepped down as a member of the Audit Committee and the Nomination & Remuneration Committee. The director confirmed there are no other material reasons behind her exit. The company (formerly known as Bio Green Papers Limited) has disclosed this under SEBI Listing Regulations and attached her resignation letter.
This is a routine board-level change at a small-cap company and is unlikely to materially affect operations or shareholder value. Investors may, however, keep an eye on whether a replacement Independent Director is appointed in a timely manner to maintain board composition and committee requirements.