outcome of Board Meeting.

Date: 06th November,2026. BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001. Dear Sir/Madam, Subject: Outcome of Board Meeting of String Metaverse Limited (Formerly known as Bio Green Papers Limited) & Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Reg: META | 534535 | String Metaverse Limited (“The Company”) In continuation of our prior intimation dated 02nd November, 2026, and pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of String Metaverse Limited at its meeting held today, i.e., Friday, 06th November, 2026, has, inter alia, considered and approved the following Business matters: 1. Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September, 2026. In this regard, we are enclosing herewith the Unaudited Standalone and Consolidated Financial Results of the Company along with the Limited Review Reports issued by M/s. Gorantla & Co., Chartered Accountants, Statutory Auditors of the Company, pursuant to Regulation 33 of the SEBI Listing Regulations. 2. Approved the appointment of Shri. Meenavalli Krishna Mohan (DIN: 08243455), Executive Director of the Company, as the Chairman of the Company, with effect from 06th November, 2026, in accordance with the applicable provisions of the Companies Act, 2013, the Articles of Association of the Company SEBI Regulations and other applicable statutory and regulatory requirements. The aforesaid appointment is in addition to his existing position as Executive Director and does not constitute a fresh appointment as Director. The requisite disclosures in connection with the aforesaid appointment, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable SEBI circulars, are enclosed herewith as Annexure I. 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 3. Approved to increase the Authorized Share Capital of the Company from ₹200,00,00,000/- (Rupees Two Hundred Crore only), divided into 200,00,00,000 (Two Hundred Crore) Equity Shares of Re. 1/- each, to ₹5,000,00,00,000/- (Rupees Five Thousand Crore only), divided into 5,000,00,00,000 (Five Thousand Crore) Equity Shares of Re. 1/- each, by creation of an additional 4,800,00,00,000 (Four Thousand Eight Hundred Crore) Equity Shares of Re. 1/- each, subject to the approval of the Members of the Company and such other statutory and regulatory approvals as may be required under applicable laws. The Board also approved the consequential alteration of Clause V (Capital Clause) of the Memorandum of Association of the Company to give effect to the proposed increase in the Authorized Share Capital, subject to the approval of the Members of the Company and in accordance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder. 4. Approved for alteration of Clause III (Objects Clause) of the Memorandum of Association of the Company by insertion of additional objects as detailed in Annexure 2 enclosed herewith, subject to the approval of the Members of the Company and such other statutory and regulatory approvals as may be required under applicable laws. 5. Approved the proposal for the Strategic Acquisition, Investment and Business Expansion Framework of the Company, aimed at pursuing inorganic growth opportunities, expanding and diversifying its business operations, strengthening technological capabilities and enhancing long-term stakeholder value, encompassing the identification, evaluation and pursuit of strategic acquisitions, investments, mergers, joint ventures and other business expansion opportunities, including the acquisition of equity shares, securities, business undertakings, ownership interests and strategic or controlling stakes in Indian and overseas companies and entities operating in emerging and high-growth sectors, particularly Artificial Intelligence (AI), Data Centres, Digital Infrastructure, Financial Technology (FinTech), Global Technology, Information Technology, Web 3.0, Blockchain Technology and other technology-driven and allied businesses, subject to requisite corporate, statutory and regulatory approvals, wherever applicable, and compliance with the provisions of the Companies Act, 2013, SEBI Listing Regulations, Foreign Exchange Management Act, 1999, and other applicable laws. 6. Approved the proposal for raising funds through the issuance of Non-Convertible Debentures (NCDs) and/or other eligible non-convertible debt securities, on a private placement basis, in one or more series or tranches, for an aggregate principal amount not exceeding ₹1,000,00,00,000/- (Rupees One Thousand Crore Only), which may be secured or unsecured, listed or unlisted, and redeemable on such terms and conditions, including coupon rate, tenure, redemption provisions, security arrangements and other commercial terms, as may be determined by the Board or its duly authorized Committee. The proceeds are proposed to be utilized primarily towards strategic acquisitions, investments, business expansion and inorganic growth opportunities in India and overseas, including the acquisition of equity shares, securities, business undertakings, ownership interests and strategic or controlling stakes in identified companies and entities, together with associated transaction expenses and other permissible corporate purposes, subject to the approval of the Members of the Company, wherever required, and other requisite corporate, statutory and regulatory approvals, in accordance with the applicable provisions of the Companies Act, 2013, the SEBI Listing Regulations, the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, and other applicable laws and regulations. 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 The relevant details as required under the applicable provisions of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure 3 7. Approved the Notice of Postal Ballot, together with the Explanatory Statement pursuant to Companies Act, 2013, for seeking the approval of the Members of the Company through remote e-voting in respect of the aforesaid proposals and resolutions approved and recommended by the Board, in accordance with the applicable provisions the Companies Act, 2013, read with the relevant rules made thereunder, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, applicable Secretarial Standards of ICSI and other statutory and regulatory requirements. 8. Approved the appointment of Mr. Desina Balarama Krishna, Practising Company Secretary, representing M/s. Balaramakrishna & Associates, Hyderabad (Membership No.: FCS 8168; Certificate of Practice No.: 22414), as the Scrutinizer for conducting the Postal Ballot through remote e-voting in a fair and transparent manner, in accordance with the Companies Act, 2013, the applicable rules made thereunder, Secretarial Standard–2 (SS-2), the SEBI Listing Regulations and applicable MCA and SEBI circulars. This is for your [Showing first 8,000 characters — download PDF for full document]