Press Release

Date: 11-08-2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001. Dear Sir/Madam, Subject: Press Release _ Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Reg: META | 534535 | String Metaverse Limited (“The Company”) Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release of the Company. The aforesaid Press Release of the Company is also accessible on the Company’s website at https://www.stringmetaverse.com/ We request you to kindly take on record the above information. 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 PRESS RELEASE STRING METAVERSE Q1 FY27: REVENUE SURGES 97.13% YoY; PAT DOUBLES Revenue rises to ₹392.42 crore; Profit After Tax reaches ₹36.92 crore as company expands blockchain strategy with Billson Chain HYDERABAD, India | August 11, 2026 — String Metaverse Limited (BSE: META) reported strong first-quarter results for fiscal 2027, with revenue and profit rising sharply year over year as the technology company expands across artificial intelligence, blockchain and digital financial infrastructure. Revenue for the quarter ended June 30, 2026 rose approximately 97.13% year over year to ₹392.42 crore, compared with approximately ₹199.07 crore in Q1 FY26. Profit After Tax (PAT) more than doubled to ₹36.92 crore, from ₹18.30 crore a year earlier, representing growth of approximately 101.80 % year over year. Q1 FY27 FINANCIAL HIGHLIGHTS | ₹ Crore | Q1 FY27 | Q1 FY26 | YoY | ---------------------------------------------------------------------- | Revenue | ₹392.42 | ₹199.07 | +97.13% | | Profit After Tax | ₹36.92 | ₹18.30 | +101.80% | The results mark a strong start to FY27 as String Metaverse continues to scale its technology businesses while investing in emerging infrastructure around AI, blockchain and tokenized financial systems. BILLSONCHAIN EXPANDS BLOCKCHAIN STRATEGY Alongside its financial results, String Metaverse highlighted the launch of Billson Chain, developed in partnership with Hedera, as a key strategic initiative. Billson Chain is designed to bring invoices, receipts and commercial transaction records on-chain, creating blockchain- verifiable digital records for enterprise and financial applications. The platform is intended to connect conventional commercial transactions with blockchain-based verification, tokenization and programmable settlement. Potential applications include automated reconciliation, invoice verification, tokenized receivables, enterprise payments, financing and programmable settlement infrastructure. String Metaverse views BillsOnChain as part of a broader transition toward financial infrastructure capable of supporting transactions between enterprises, consumers and, increasingly, autonomous AI systems. AI, BLOCKCHAIN AND FINANCIAL INFRASTRUCTURE String Metaverse is positioning its technology strategy around the convergence of artificial intelligence, blockchain, digital assets, tokenization and programmable financial infrastructure as global financial and commercial activity becomes increasingly automated. The company's longer-term technology architecture is being developed around three interconnected layers: AI & Digital Infrastructure → Blockchain & Tokenization → Financial Transaction Infrastructure 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. CIN:L62099TG1994PLC017207|Ph: 040-2939-0760|Email:cs@stringmetaverse.com|Web:www.stringmetaverse.com “Q1 FY27 represents another strong quarter for String Metaverse. Revenue increased approximately 97.13% year over year to ₹392.42 crore, while Profit After Tax more than doubled to ₹36.92 crore. We remain focused on scaling our technology businesses while maintaining financial discipline and investing in platforms that can participate in the next generation of global digital infrastructure,” said Ganesh Meenavalli, Managing Director, String Metaverse Limited. “The launch of BillsOnChain in partnership with Hedera expands our strategy into real-world commerce. We believe the convergence of AI, blockchain, tokenization and programmable settlement will fundamentally reshape how businesses and autonomous systems transact globally.” The company said it intends to continue investing in scalable technology platforms while maintaining its focus on profitable growth. ABOUT STRING METAVERSE LIMITED String Metaverse Limited (BSE: META) is a publicly listed technology company operating across artificial intelligence, blockchain, digital assets, financial technology and digital commerce infrastructure. The company is developing scalable platforms for an increasingly automated global economy, with a focus on AI-driven systems, tokenization and blockchain-based financial infrastructure. FORWARD-LOOKING STATEMENT This release may contain forward-looking statements regarding the company's strategy, business plans, technology initiatives and future expectations. Such statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. String Metaverse Limited | BSE: META Hyderabad, India | August 11, 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. CIN:L62099TG1994PLC017207|Ph: 040-2939-0760|Email:cs@stringmetaverse.com|Web:www.stringmetaverse.com