Announcement under Regulation 30 (LODR)-Allotment

Summary by 6ix AI

String metaverse limited has announced the outcome of its Preferential Issue Committee meeting regarding the allotment of equity shares on a preferential basis. The committee approved the allotment of a significant number of fully paid-up equity shares at a specified issue price, which includes a securities premium. This allotment follows prior approvals from the Board of Directors and the BSE, as well as a resolution passed by the company's members. As a result of this allotment, the company's paid-up equity share capital has increased accordingly.

Written by 6ix AI from the company’s filing. How 6ix writes summaries