BSECompany Update11h ago · 14 Oct 2026, 10:15 pm
Update on Receipt of In-Principle Approval for Preferential Issue.
String Metaverse Ltd · 534535
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String Metaverse Ltd has received in-principle approval from BSE for a proposed preferential issue of equity shares to non-promoter investors.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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String Metaverse Ltd - 534535 - Announcement under Regulation 30 (LODR)-Preferential Issue
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Date: 14-10-2026
BSE Limited,
P.J. Towers,
Dalal Street,
Mumbai – 400 001.
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 – Receipt of in-principle
approval for proposed preferential issue of Equity Shares:
Ref: BSE Letter No. LOD/PREF/RB/FIP/948/2026-27 dated 14th October 2026
Reg: META | 534535 | String Metaverse Limited (“The Company”)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to
inform you that BSE vide its letter bearing reference number LOD/PREF/RB/FIP/948/2026-27 dated 14th October 2026,
has granted its in-principle approval under Regulation 28(1) of the SEBI (LODR) Regulations, 2015 for the proposed
preferential issue of equity shares of the Company to non-promoter investors.
A copy of the in-principal approval letter issued by BSE is enclosed herewith.
We request you to kindly take the above information on record.
Thanking you,
Yours faithfully,
For String Metaverse Limited
(Formerly known as Bio Green Papers Limited)
M. Chowda Reddy
Company Secretary & Compliance Officer
Encl.: BSE in-principal approval letter dated 14th October 2026
String Metaverse Limited
(Formerly Known as Bio Green Papers Limited)
Registered Office Address: Sy.No 66/2, Street No.03, 2nd floor, Rai Durgam, Prashanth Hills, Nav Khalsa,
Gachi Bowli, Dargah Hussain Shahwali, Golconda, Hyderabad- 500008, Telangana, India, 500008.
CIN:L62099TG1994PLC017207|Ph: 040-2939-0760|Email:cs@stringmetaverse.com|Web:www.stringmetaverse.com