String Metaverse Appoints Chairman, Boosts Authorized Capital

String Metaverse Limited announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, Shri. Meenavalli Krishna Mohan has been appointed as the Chairman of the Company, effective November 6, 2026. The company also approved a significant increase in its authorized share capital from ₹200 Crore to ₹5,000 Crore, subject to shareholder approval. Furthermore, the Board approved alterations to the Memorandum of Association to include new objects and a framework for strategic acquisitions, investments, and business expansion in sectors like AI, Data Centres, FinTech, and Web 3.0.