String Metaverse Limited , formerly known as Bio Green Papers Limited, has announced plans for a rights issue to raise additional capital. The company's board of directors is scheduled to meet on November 7th, 2025, to consider and approve this fundraising initiative, among other important matters.

Key Highlights of the Upcoming Board Meeting

The board meeting, set for November 7th, 2025, will address several crucial agenda items:

Rights Issue: Meeting Minimum Public Shareholding Norms

The proposed rights issue is aimed at meeting the Minimum Public Shareholding (MPS) norms. This move indicates the company's commitment to regulatory compliance and potentially broadening its shareholder base. The board will consider this proposal subject to obtaining necessary approvals and in compliance with:

• The Companies Act, 2013
• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Other applicable SEBI regulations

Trading Window Closure

In line with regulatory requirements and the company's insider trading prevention policies, String Metaverse has closed the trading window for designated persons, their immediate relatives, and other connected individuals. This closure:

• Commenced on October 1, 2025
• Will remain in effect until 48 hours after the declaration of the financial results

Implications for Investors

The rights issue, if approved, could present an opportunity for existing shareholders to increase their stake in the company. However, it's important to note that the details of the rights issue, including the price and ratio, are yet to be determined and will likely be announced after the board meeting.

Investors and market watchers should keep an eye on the outcome of the November 7th board meeting, as it may provide crucial insights into String Metaverse's financial health, growth strategies, and future prospects in the metaverse sector.

As always, it is advisable for investors to conduct thorough research and consider their financial goals before making any investment decisions based on this development.

String Metaverse Limited , a company evolving from blockchain infrastructure to high-performance digital asset transaction infrastructure, has announced a significant milestone achieved by its wholly-owned subsidiary, String Fintech HK Ltd. The Hong Kong-based subsidiary has demonstrated impressive performance on the Deribit Derivatives Exchange, handling over $920 million USD (approximately ₹8,000 crore) in transaction volume between September 15 and October 15, 2025.

Key Highlights

• Transaction Volume: String Fintech HK Ltd processed over $920 million USD in trades on Deribit Derivatives Exchange.
• Trading Period: The volume was achieved between September 15 and October 15, 2025.
• Technology Leverage: The subsidiary utilized high-frequency trading (HFT) architecture and ultra-low-latency servers.

Technological Edge

String Fintech HK Ltd's success can be attributed to its advanced technological infrastructure:

• Next-generation high-frequency trading architecture
• Ultra-low-latency servers
• Connections to global data centers in NY4, TY4, and LD4
• Sub-millisecond execution capabilities
• Real-time risk management systems

Strategic Positioning

String Metaverse Limited is positioning this achievement as a testament to its evolution into a leader in high-performance digital asset transaction infrastructure. The company's Hong Kong division serves as the group's liquidity and derivatives hub, playing a crucial role in its global operations.

Performance Breakdown

Based on the communication from Deribit, String Fintech HK Ltd's performance can be further detailed:

Future Outlook

As String Metaverse continues to expand its high-performance transactional infrastructure, its consistent performance on platforms like Deribit reinforces the group's vision. The company aims to build the Internet's financial operating system, combining speed, scalability, and on-chain transparency to power the next era of global finance.

This achievement underscores String Metaverse's rapid transformation from a blockchain infrastructure company to a global leader in high-performance digital asset transaction infrastructure and programmable finance.

The company's ability to handle such significant transaction volumes efficiently demonstrates its growing capabilities in the digital asset ecosystem and positions it as a key player in the evolving landscape of global finance.