String Metaverse Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2025 ,inter alia, to consider and approve Audited Financial Results ....
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String Metaverse Ltd has informed BSE that its Board of Directors will meet on 15 May 2025. The main agenda items are: (1) approval of standalone and consolidated audited financial results for Q4 and full financial year ended 31 March 2025, along with the statutory auditor's report; (2) a proposal to raise funds through a Rights Issue of equity shares; and (3) a proposal to raise funds in one or more tranches through private placement, preferential issue, or other permitted modes, subject to shareholder and regulatory approvals. The trading window for insiders has been closed since 1 April 2025 and will reopen 48 hours after the results are declared.
Investors should watch for two potential stock-moving events: the FY25 audited results (which will reveal the company's actual financial performance) and any announcements on fund raising, which could lead to equity dilution depending on the size and pricing of the issue.