
Bonus5 Jun 2026, 02:06 pm
String Metaverse Sets Bonus Issue Record Date for June 19
AI Summary
String Metaverse Ltd has announced Friday, June 19, 2026, as the record date to determine eligibility for its bonus equity share issuance. The company will issue 2 bonus shares for every 9 shares held, aimed at achieving Minimum Public Shareholding (MPS) requirements. This issuance is exclusively for public shareholders, excluding promoters and promoter group. The deemed date of allotment is June 22, 2026. This move is in compliance with SEBI regulations to boost public float.
Key Highlights
- Record date for bonus issue set as June 19, 2026.
- Bonus ratio is 2:9 (2 shares for every 9 held).
- Issue aims to meet Minimum Public Shareholding (MPS) norms.
- Bonus shares are exclusively for public shareholders.
- Deemed allotment date is June 22, 2026.
Price Impact
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