Latest news about Spacenet Enterprises
Spacenet Enterprises
3.37
+0.04(+1.20%)
Company Performance:
View Company Insights1D+1.20%
1M-7.92%
6M-38.84%
1Y-49.70%
5Y+72.82%
More news about Spacenet Enterprises
02May 26
Spacenet Enterprises India Limited Announces Cessation of Independent Director Following Term Completion
Spacenet Enterprises India Limited announced the cessation of Independent Director Mr. Prathipati Parthasarathi effective 29th April, 2026, upon completion of his five-year term that began on 30th April, 2021. The company had proposed his reappointment through postal ballot, but shareholders did not approve the proposal. The cessation was announced in compliance with SEBI Regulation 30, with the company confirming no other material reasons beyond term completion and non-approval of reappointment.
25Apr 26
Spacenet Enterprises Completes OFS of String Metaverse Shares, Reduces Stake to 2.03%
Spacenet Enterprises India Limited has successfully completed the offer for sale of 30,00,000 equity shares representing 2.58% of String Metaverse Limited's total issued and paid-up equity share capital on April 21-22, 2026. The transaction, conducted through the stock exchange mechanism in accordance with SEBI Circular dated February 3, 2023, was undertaken to achieve minimum public shareholding requirements. Following the sale, Spacenet Enterprises' promoter group holding in String Metaverse has reduced from 4.61% to 2.03% of the paid-up equity share capital.
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