Resignation of Mr.Ghanshyam Das As Chairman & Non Executive Non Independent Director of the company
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Mr. Ghanshyam Dass (DIN: 01807011) has tendered his resignation from the Board of String Metaverse Ltd with effect from May 28, 2026. He served as Chairman and Non-Executive Non-Independent Director of the company. The resignation was communicated via email citing serious personal reasons. The company disclosed this pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Company Secretary, M. Chowda Reddy, filed the disclosure on behalf of the company. No reason for replacement or succession plan has been mentioned in the filing.
The resignation of the Chairman, who is a Non-Executive Director, may raise concerns among investors about board stability and future leadership direction, especially given the company's focus on emerging technologies like Blockchain, AI, and Web 3.