String Metaverse Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2025 ,inter alia, to consider and approve The Quarter & Half Year Ended ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
String Metaverse has informed BSE that its Board of Directors will meet on Friday, 7 November 2025. The main agenda includes approving the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2025. The Board will also consider a Rights Issue of equity shares specifically aimed at meeting the Minimum Public Shareholding (MPS) norms mandated by SEBI. Additionally, it will evaluate the 'String Metaverse Employee Stock Option Scheme 2025 (Series II)' and approve a Postal Ballot notice for shareholder approvals. The trading window for insiders has been closed since 1 October 2025 and will reopen 48 hours after results are declared.
The proposed Rights Issue is aimed at achieving MPS compliance, which suggests the company may currently fall short of the required public shareholding threshold — this could lead to equity dilution for existing shareholders. The new ESOP tranche may also add to dilution. Investors should watch the Q2/H1 FY26 results on 7 November for actual financial performance.