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 Update on board meeting
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String Metaverse has revised the agenda for its Board Meeting on 07 November 2025. The Board will consider and approve the standalone and consolidated unaudited financial results for the quarter ended 30 September 2025 (Q2 FY26) along with the auditor's limited review report. It will also approve the audited financial results for the half year ended 30 September 2025. Additionally, the Board will consider a proposal to raise funds via a Rights Issue of equity shares to meet Minimum Public Shareholding (MPS) norms, approve a new Employee Stock Option Scheme (Series II) for 2025, and clear a Postal Ballot notice to seek shareholder approval. The trading window for insiders is closed from 01 October 2025 until 48 hours after results are declared.
Investors should watch for the Q2/H1 FY26 results on 07 November, as the same meeting may announce a dilutive Rights Issue and a new ESOP scheme, both of which could affect share price and per-share value. Shareholders will likely be asked to vote via Postal Ballot on the fundraising and ESOP proposals.