Allotment of Equity Shares.

Date: 30th October, 2026. BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001. Dear Sir/Madam, Subject: Outcome of the Meeting of the Preferential Issue Committee of the Board of Directors & Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Allotment of Equity Shares on a Preferential Basis. Reg: META | 534535 | String Metaverse Limited (“The Company”) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Preferential Issue Committee of the Board of Directors of String Metaverse Limited (“Company”), at its meeting held today, i.e., Friday, 30th October, 2026, has approved the allotment of 1,67,57,058 (One Crore Sixty-Seven Lakh Fifty-Seven Thousand and Fifty-Eight) fully paid-up equity shares of face value ₹1/- (Rupee One only) each, at an issue price of ₹8.85/- (Rupees Eight and Eighty-Five Paise only) per equity share, including a securities premium of ₹7.85/- per equity share, aggregating to ₹14,82,99,963.30 (Rupees Fourteen Crore Eighty-Two Lakh Ninety-Nine Thousand Nine Hundred Sixty-Three and Thirty Paise only), on a preferential basis for cash consideration. The aforesaid allotment has been undertaken pursuant to the approval accorded by the Board of Directors at its meeting held on September 17, 2026, the in-principle approval granted by BSE on October 14, 2026, and the Special Resolution passed by the Members of the Company at the Extra-Ordinary General Meeting held on October 15, 2026, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), and other applicable statutory and regulatory provisions. Consequent to the aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stands increased from ₹121,99,09,771/-, comprising 121,99,09,771 fully paid-up equity shares of face value ₹1/- each, to ₹123,66,66,829/-, comprising 123,66,66,829 fully paid-up equity shares of face value ₹1/- each. The equity shares allotted pursuant to the aforesaid preferential issue shall rank pari passu in all respects with the existing fully paid-up equity shares of the Company, including entitlement to dividends, voting rights and other corporate benefits. The requisite details of the allotment, as prescribed under Regulation 30 read with Schedule III of the SEBI Listing Regulations and the applicable SEBI circulars, are enclosed herewith as Annexure I, forming an integral part of this intimation. You are requested to kindly take the above information on record The Meeting commenced at 02:30 PM (IST) and concluded at 03:15 PM (IST) Thanking you, Yours faithfully, For String Metaverse Limited (Formerly known as Bio Green Papers Limited) M. Chowda Reddy Company Secretary & Compliance Officer 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 Annexure I Disclosure pursuant to Regulation 30 of the SEBI Listing Regulations read with read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026, as updated on January 30, 2026. Particulars Disclosure Type of securities Allotted 1. Fully paid-up Equity Shares of face value of ₹1/- each. (viz. equity shares, convertibles etc.); Preferential issue of equity shares on a private placement Type of issuance (further public offering, basis, in accordance with Chapter V of the SEBI (Issue of rights issue, depository receipts (ADR/GDR), 2. Capital and Disclosure Requirements) Regulations, 2018, qualified institutions placement, preferential as amended (“SEBI ICDR Regulations”), and other allotment etc.); applicable laws. Total number of securities allotted and 1,67,57,058 fully paid-up equity shares at an issue price of aggregate consideration ₹8.85/- per equity share, aggregating to ₹14,82,99,963.30/- In case of preferential issue the listed entity 4. shall disclose the following additional details to the stock exchange(s): 4(i). Names of the Allottees As set out in Table- A 1,67,57,058 equity shares allotted to 14 allottees for an Post allotment of securities - outcome of the aggregate consideration of ₹14,82,99,963.30/-. 4(ii). subscription, issue price / allotted price (in case of convertibles), number of investors; Allottee-wise particulars are provided in Table – A. ₹8.85/- per equity share, comprising face value of ₹1/- and 4(iii). Issue price securities premium of ₹7.85/- per equity share. 4(iv). Number of allottees 14 In case of convertibles - intimation on 4(v). conversion of securities or on lapse of the Not applicable, as the securities allotted are equity shares. tenure of the instrument Any cancellation or termination of proposal 5. for issuance of securities including reasons Not Applicable. thereof. 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 Table – A Details of Allottees: Sr. No. of Equity Shares Pre-Issue Post-Issue Name of Allottee Category No. Allotted Shareholding Shareholding Non- 1 Ajit Kumar Singhi 4,51,977 NIL 4,51,977 Promoter Non- 2 Neha Singhi 4,51,977 NIL 4,51,977 Promoter Non- 3 Rina Jain 16,94,915 NIL 16,94,915 Promoter Non- 4 Anand Mundhra 4,51,977 NIL 4,51,977 Promoter Non- 5 Nitu Mundhra 4,51,977 NIL 4,51,977 Promoter Non- 6 Manish Mundra 1,69,491 NIL 1,69,491 Promoter Non- 7 Rahul Mishra 3,38,983 NIL 3,38,983 Promoter Non- 8 Fulchand Lalchand Rathod 1,58,192 NIL 1,58,192 Promoter Non- 9 Ranjit Binod Kejriwal 1,58,192 NIL 1,58,192 Promoter Non- 10 Rajender Verma 1,69,491 NIL 1,69,491 Promoter Bommareddy Veera Venkata Non- 11 11,29,943 1,28,333 12,58,276 Sivakumar Reddy Promoter Non- 12 Rahul Ginjupalli 11,29,943 NIL 11,29,943 Promoter Non- 13 Kamal Jagdish Gupta 50,00,000 NIL 50,00,000 Promoter Non- 14 Sonal Kamal Gupta 50,00,000 NIL 50,00,000 Promoter TOTAL 1,67,57,058 1,28,333 1,68,85,391 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