Bonus Issue Announcement – String Metaverse Limited
String Metaverse Limited has announced a bonus issue of equity shares, as per a recent notice issued by the Bombay Stock Exchange (BSE).
Key Highlights:
● Bonus Issue Ratio:
2:9 Bonus Issue – Shareholders will receive 2 bonus equity shares of Re. 1 each for every 9 equity shares of Re. 1 each held.
● Record Date: 19 June 2026
Shareholders holding shares as of this date will be eligible for the bonus issue.
● Ex-Date: 18 June 2026
Additional Information:
The bonus issue has been approved under the Equity segment and communicated through the Listing Operations Department of BSE.
As informed by the company, 55,55,834 equity shares would be allotted on or after 22 June 2026.
The notice refers to the company's letter dated 08 June 2026.
What This Means for Investors
A bonus issue rewards existing shareholders with additional shares at no extra cost. While the overall investment value remains proportionately adjusted, the number of shares held by investors increases.
This may help improve stock liquidity and make the stock more accessible for retail investors.
The bonus issue by String Metaverse Limited reflects the company's commitment to rewarding shareholders and enhancing market participation.
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