String Metaverse Limited successfully completed its Offer for Sale (OFS), achieving 149% non-retail and 495% retail subscription. The Board will meet on April 29, 2026, to consider a bonus share issue for public shareholders to enhance liquidity and reward participation. This corporate action aims to achieve Minimum Public Shareholding compliance.
String Metaverse Limited promoters completed an Offer for Sale (OFS) of 38,10,000 equity shares (3.27% stake) valued at ₹3.81 Crore. The divestment reduced promoter holding from 81.79% to 78.52%, aimed at achieving the mandated 25% Minimum Public Shareholding requirement.
String Metaverse Limited's promoter group is selling up to 38,10,000 shares (3.27% stake) through an Offer for Sale. The transaction, valued at approximately ₹25.15 Crore at a ₹66 floor price, aims to achieve minimum public shareholding compliance.
Promoters of String Metaverse Limited are selling up to 38,10,000 equity shares (3.27% stake) via an Offer for Sale at a floor price of ₹66 per share. The ₹25.15 Crore offer aims to achieve minimum public shareholding compliance, with bidding scheduled for April 21-22, 2026.
String Metaverse Ltd promoters propose selling up to 38,10,000 equity shares (3.27% stake) via an Offer for Sale on April 21-22, 2026. The floor price is set at ₹66.00 per share, implying a total transaction value of ₹25.15 Crore. This regulatory mechanism aims to achieve minimum public shareholding requirements.
