String Metaverse Limited Allots New ISIN Following Equity Share Sub-Division

1 min read     Updated on 20 Apr 2026, 02:19 PM
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String Metaverse Limited has announced the allotment of a new ISIN number INE958L01034 for its equity shares following the sub-division of shares from face value ₹10 to ₹1. The new ISIN will be effective for trades conducted on and from 24 April 2026. The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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String Metaverse Limited has informed BSE Limited about the allotment of a new International Securities Identification Number (ISIN) for its equity shares following the sub-division of shares. The company, formerly known as Bio Green Papers Limited, has subdivided its equity shares from a face value of ₹10 each to ₹1 each in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The new ISIN number INE958L01034 has been assigned to the sub-divided equity shares of String Metaverse Limited. This new identification number will become effective for all trading activities conducted on and from 24 April 2026. The announcement serves as a continuation of the company's earlier disclosures regarding the share split process.

Key Details of the Share Sub-Division

Company Name & Scrip Code New ISIN No. Remarks
String Metaverse Limited (534535) INE958L01034 Sub-Division of Equity Shares from ₹10 each to ₹1 each

The BSE notice, numbered 20260420-6 and dated 20 April 2026, categorizes this corporate action under the Equity segment. The exchange has informed trading members about the new ISIN assignment, which will be operational from the ex-date of 24 April 2026. The notice reference DR-617/2026-2027 has been recorded for this corporate action.

String Metaverse Limited, with scrip code 534535, is headquartered in Hyderabad, Telangana. The company's registered office is located at Sy.No 66/2, Street No.03, 2nd floor, Rai Durgam, Prashanth Hills, Nav Khalsa, Gachi Bowli, Hyderabad. The communication was signed by M. Chowda Reddy, Company Secretary & Compliance Officer of the company.

Notice Information

Particulars Details
Notice No. 20260420-6
Notice Date 20 Apr 2026
Category Corporate Actions
Segment Equity
Department Listing Operations

How will the share sub-division impact String Metaverse's trading volume and retail investor participation in the coming quarters?

What strategic initiatives is String Metaverse planning in the metaverse sector following this capital restructuring?

Could this share sub-division signal preparation for future fundraising activities or expansion plans?

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String Metaverse Limited Sets April 24, 2026 Record Date for 1:10 Equity Share Split

1 min read     Updated on 01 Apr 2026, 06:39 PM
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AI Summary

String Metaverse Limited has fixed April 24, 2026 as the record date for subdividing equity shares from ₹10 face value to ₹1 face value in a 1:10 ratio. The corporate action follows shareholder approval via postal ballot on March 22, 2026, and complies with SEBI listing regulations for determining eligible shareholders.

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String Metaverse Limited (formerly Bio Green Papers Limited) has announced the record date for its upcoming equity share subdivision, marking a significant corporate action for the company's shareholders.

Record Date and Share Split Details

The company has set Friday, April 24, 2026 as the record date for determining shareholder eligibility for the equity share subdivision. This corporate action follows the approval granted by shareholders through a postal ballot conducted on March 22, 2026.

Parameter: Details
Record Date: April 24, 2026
Current Face Value: ₹10 per share
New Face Value: ₹1 per share
Split Ratio: 1:10 (One share becomes Ten shares)
Share Status: Fully paid-up

The subdivision will convert each existing equity share with a face value of ₹10 into 10 equity shares with a face value of ₹1 each. All resulting shares will maintain their fully paid-up status.

Regulatory Compliance

The announcement was made pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this information to BSE Limited on April 1, 2026, ensuring compliance with mandatory disclosure requirements.

Company Secretary and Compliance Officer M. Chowda Reddy signed the official communication, emphasizing the company's commitment to transparent stakeholder communication. The notification serves to inform all stakeholders about the upcoming corporate action and its implications for existing shareholders.

Shareholder Impact

Shareholders holding equity shares as of the record date will be eligible to receive the subdivided shares. The 1:10 split means that for every one share held, shareholders will receive 10 shares of reduced face value, maintaining the same proportional ownership while increasing the number of shares in circulation.

How might the 10:1 share split impact String Metaverse's stock liquidity and trading volumes in the coming months?

What strategic initiatives is String Metaverse planning that may have prompted this share subdivision to make shares more accessible?

Will the increased share count following the split make String Metaverse a more attractive target for retail investors or institutional funds?

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