Update on Complaince of MPS.

String Metaverse Ltd has allotted 5,55,86,661 bonus equity shares exclusively to eligible public shareholders in a 2:9 ratio. This action, where Promoter and Promoter Group shareholders forgave their entitlement, has increased the public shareholding from 21.48% to 25.06%. Consequently, the company has achieved compliance with the Minimum Public Shareholding (MPS) requirements as prescribed by SEBI regulations, removing a significant regulatory overhang.