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Paper & Paper Products
Corporate Action30 Oct 2026, 03:33 pm

String Metaverse Allots 1.67 Cr Equity Shares at ₹8.85

AI Summary

String Metaverse Limited announced the allotment of 1,67,57,058 fully paid-up equity shares at an issue price of ₹8.85 per share, aggregating to ₹14,82,99,963.30. This preferential issue was approved by the Board, BSE, and shareholders, and it increases the company's paid-up equity share capital. The new shares rank pari passu with existing shares. The allotment was made to 14 allottees.

Key Highlights

  • Allotment of 1.67 crore equity shares completed.
  • Issue price fixed at ₹8.85 per share.
  • Total funds raised amount to ₹14.83 Crore.
  • Paid-up equity share capital increased.
  • New shares rank equally with existing equity.