BSE NSE
Your Result on : Company News Details
String Metaverse Ltd Industry :  Computers - Software - Medium / Small
BSE Code
534535
ISIN Demat
INE958L01026
Book Value (Rs)
13.8262634
NSE Symbol
N.A
Divident Yield %
0
Market Cap
(Rs In Cr.)
2,947
P/E (TTM)
0
EPS (TTM)
0.03
Face Value
(Rs)
10
Back
Bio Green Papers concludes rights issue of Rs 49.25 cr
28-Apr-25   Hrs IST

String Metaverse (formerly Bio Green Papers ) announced the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors. The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement.

 Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs 1.79 crore share, showcasing strong investor confidence and support. The company successfully raised Rs 49.25 crore through the issue. Rights Issue was oversubscribed up to Rs 100 crore, highlighting the robust demand from the public shareholders. In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio Geen Papers to String Metaverse.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)