Outcome Bonus Issue Committee Meeting

String Metaverse Ltd has allotted 5,55,86,661 fully paid-up bonus equity shares to its eligible public shareholders in a 2:9 ratio, with the promoters and promoter group irrevocably forgoing their entitlement. This action has increased the public shareholding from 21.48% to 25.06% of the total paid-up equity capital. The primary objective of this bonus issue was to achieve compliance with the Minimum Public Shareholding (MPS) requirements prescribed by SEBI regulations, which the company has now successfully met.