String Metaverse Limited has announced that its board of directors will convene on February 13, 2026, to deliberate on a significant corporate restructuring proposal. The Web3.0 enterprise, formerly known as Bio Green Papers Limited, has scheduled this meeting in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The primary focus of the upcoming board meeting centers on equity share restructuring. The directors will consider and potentially approve several key matters that could impact the company's share structure.

The proposed share sub-division requires compliance with the Companies Act, 2013, and applicable SEBI regulations. The board will determine the specific manner of implementation, though final approval remains contingent on shareholder consent and regulatory clearances.

Trading Window Restrictions

In accordance with insider trading prevention protocols, String Metaverse has implemented trading restrictions for designated individuals. The company's Code of Conduct for Prevention of Insider Trading mandates these measures under SEBI (Prohibition of Insider Trading) Regulations, 2015.

Corporate Information

String Metaverse Limited operates as a Web3.0 enterprise and trades under the symbol META with scrip code 534535 on BSE Limited. The company maintains its registered office in Hyderabad, Telangana, and holds CIN L62099TG1994PLC017207.

The formal intimation was signed by M. Chowda Reddy, serving as Company Secretary and Compliance Officer, ensuring proper regulatory disclosure procedures. This announcement reflects the company's commitment to transparent corporate governance and regulatory compliance in its strategic decision-making processes.

String Metaverse Limited has formally submitted its scrutinizer's report to BSE Limited, confirming the successful completion of its postal ballot process with all six special resolutions receiving unanimous shareholder approval. The company submitted the comprehensive report on 02nd February 2026, demonstrating full compliance with SEBI LODR Regulations 2015.

Regulatory Compliance and Submission

The company's submission to BSE Limited included the complete scrutinizer's report prepared by Balaramakrishna Desina, Proprietor of Balaramakrishna & Associates, Company Secretaries in Practice. The report was submitted under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, with reference to the postal ballot notice dated 07th November 2025.

Company Secretary M. Chowda Reddy signed and submitted the digitally authenticated report, ensuring all regulatory requirements were met for the disclosure of voting results.

Detailed Voting Results and Process

The e-voting process conducted through Central Depository Services (India) Limited (CDSL) platform ran from 02nd January 2026 at 9:00 AM (IST) to 31st January 2026 at 5:00 PM (IST). The cut-off date for determining eligible shareholders was 26th December 2025.

Key Approved Initiatives

Leadership Enhancement: Shareholders approved the appointment of Mr. Amar Kumar (DIN: 11270238) as Non-Executive Independent Director, strengthening the company's board composition.

Employee Incentive Programs: The approval of String Metaverse Employee Stock Option Scheme 2025 (SML ESOPS 2025 Series II) enables the company to grant options to employees of subsidiary and associate companies, including provisions for granting options to identified employees equal to or exceeding one percent of issued capital in any financial year.

Capital Raising Strategy: Authorization for fund raising through issuance of various securities and Qualified Institutions Placement (QIP) to Qualified Institutional Buyers provides the company with flexibility for future growth financing.

Scrutinizer's Certification Process

The scrutinizer confirmed that all votes cast electronically were properly reconciled with records maintained by the company's Registrar and Transfer Agent. The voting process was conducted in the presence of independent witnesses Mr. Madhur and Ms. Niharika, who are not employed by the company.

In compliance with Ministry of Corporate Affairs circulars, the company dispatched postal ballot notices electronically to all members who had registered their email addresses with the company or depositories, with no physical postal ballot forms dispatched during this process.

With the formal submission of the scrutinizer's report to BSE Limited, String Metaverse Limited has completed all regulatory requirements for its postal ballot process, securing shareholder mandate for strategic initiatives including leadership expansion, employee incentive programs, and capital raising plans.