String Metaverse Limited, formerly known as Bio Green Papers Limited, has intimated BSE Limited of a forthcoming Board of Directors meeting, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Monday, May 25, 2026, at the company's registered office in Hyderabad, Telangana.

Board Meeting Agenda

The board meeting has been convened to deliberate on key financial and regulatory matters. The following items are on the agenda:

• Consideration and approval of the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026
• Review of the Statutory Auditor's Report on the said financial results, in accordance with Regulation 33 of the SEBI (LODR) Regulations, 2015
• Any other business item with the permission of the Chair

Key Meeting Details

The table below summarises the key details of the scheduled board meeting:

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading and pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, String Metaverse Limited has implemented a trading window restriction. The trading window for dealing in the securities of the company has been closed for all designated persons, their immediate relatives, and other connected persons with effect from April 1, 2026. The closure will remain in effect until 48 hours after the declaration of the financial results.

The intimation was filed and signed by M. Chowda Reddy, Company Secretary and Compliance Officer of String Metaverse Limited, on May 13, 2026. The company is headquartered at Sy.No 66/2, Street No. 03, 2nd Floor, Rai Durgam, Prashanth Hills, Gachi Bowli, Hyderabad – 500008, Telangana, India.

String Metaverse Limited (formerly known as Bio Green Papers Limited), a Web3.0 enterprise headquartered in Hyderabad, has issued a Postal Ballot Notice under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking shareholder approval for a Special Resolution to issue bonus equity shares exclusively to its public shareholders. The move is aimed at achieving compliance with the Minimum Public Shareholding (MPS) requirements prescribed under applicable securities laws. The notice was dispatched electronically to eligible shareholders on Tuesday, 05th May, 2026.

Bonus Issue Details and MPS Compliance Rationale

The company's public shareholding currently stands at 21.48%, which is below the minimum prescribed threshold of 25%, resulting in a shortfall of 3.52%. To address this regulatory gap, the Board of Directors, at its meeting held on 29th April, 2026, approved the capitalization of a sum not exceeding INR 5,55,88,884/- (Rupees Five Crore Fifty-Five Lakh Eighty-Eight Thousand Eight Hundred Eighty-Four only) from the Free Reserves and Securities Premium Account of the Company, based on unaudited financial statements as at 31st December, 2025.

The proposed bonus issue is structured in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 03, 2023, which permits listed entities to issue bonus equity shares exclusively to public shareholders for the limited purpose of MPS compliance. Key parameters of the proposed bonus issue are summarised below:

The equity shares to be allotted shall rank pari passu in all respects with the existing fully paid-up equity shares of the Company, including with respect to dividend and other corporate benefits, and shall be subject to the provisions of the Memorandum and Articles of Association of the Company.

E-Voting Schedule and Eligibility

Shareholders are required to exercise their votes exclusively through the remote e-voting facility provided by Central Depository Services (India) Limited (CDSL). No physical ballots will be collected, in line with prevailing MCA Circulars on the postal ballot process. The key dates governing the process are as follows:

Only those members whose names appear in the Register of Members or the list of Beneficial Owners as on the cut-off date of Friday, 01st May, 2026 are entitled to vote. Voting rights are in proportion to each member's shareholding in the paid-up equity share capital of the Company as on that date.

Scrutinizer Appointment and Result Declaration

The Board of Directors appointed M/s. Balaramakrishna & Associates, Practicing Company Secretaries (FCS 8168 and CP No. 22414), Hyderabad, as the Scrutinizer to oversee the remote e-voting process in a fair and transparent manner. Upon completion of scrutiny, the Scrutinizer will submit the report to the Chairman of the Company or any person authorized by the Chairman. The results, along with the Scrutinizer's Report, will be communicated to BSE Limited (where the equity shares of the Company are listed), uploaded on the Company's website at www.stringmetaverse.com , and on the CDSL website at www.evotingindia.com .

Promoter Participation and Regulatory Framework

In accordance with the applicable SEBI Circular, the Promoter and Promoter Group shareholders shall not be eligible to participate in the bonus issue and have expressly forgone and waived their entitlement to such issuance of bonus equity shares. The issue and allotment of shares to Non-Resident Indians (NRIs), Persons of Indian Origin, Overseas Corporate Bodies, and other foreign investors shall be subject to the approval of the Reserve Bank of India and/or any other applicable regulatory authority. The Board of Directors recommends the Special Resolution set out at Item No. 01 of the Notice for approval of the Members. None of the Directors or Key Managerial Personnel of the Company or their respective relatives are, in any way, concerned or interested, financially or otherwise, in the proposed resolution, except to the extent of their respective shareholding, if any.