Editorial Team

Total Post: 2

String Metaverse shareholders approve exclusive bonus for public investors; record date fixed as June 19, 2026

String Metaverse shareholders approve exclusive bonus for public investors; record date fixed as June 19, 2026

Hyderabad (Telangana) [India], June 5: String Metaverse Limited (BSE: META) today announced that its shareholders have approved a Special Resolution for an exclusive bonus issue to public shareholders in the ratio of 2 Bonus Equity Shares for every 9 Equity Shares held, marking a significant milestone in the Company’s efforts to achieve the prescribed 25% Minimum Public Shareholding (MPS) requirement.

The e-voting process concluded on June 04, 2026, with an overwhelming majority of shareholders voting in favor of the proposal. The Company has submitted the voting results together with the Scrutinizer’s Report to the stock exchanges in accordance with applicable regulatory requirements.

The Company fixed June 19, 2026 as the Record Date for determining the eligibility of public shareholders entitled to receive the bonus shares.

A Landmark Corporate Action for Public Shareholders:

The approved bonus issue represents one of the rare instances in Indian capital market history where bonus shares are being issued exclusively to public shareholders, while the promoter and promoter group have voluntarily waived their entitlement.

The initiative has been designed to increase public shareholding, facilitate compliance with regulatory requirements, and reward public investors who have participated in the Company’s growth journey. Upon implementation, the bonus issue is expected to assist the Company in moving toward compliance with the prescribed Minimum Public Shareholding norms while further broadening public ownership.

Management Commentary:

Commenting on the development, Dr. Raghavendra Hunasgi, Chief Executive Officer (CEO) of String Metaverse Limited, said:

“We are grateful for the strong support received from our shareholders. The approval of this special resolution represents an important milestone in our efforts to enhance public participation and achieve the prescribed Minimum Public Shareholding norms.

This unique initiative reflects our commitment to creating long-term value for public investors while strengthening the Company’s capital market profile. As we continue to expand our global footprint, we remain focused on executing our long-term growth strategy across AI infrastructure, digital assets, Web3 ecosystems, gaming platforms, agentic technologies, and next-generation financial infrastructure.

We thank our shareholders for their continued trust and support as we build String Metaverse into a globally scalable technology and digital infrastructure platform.”

Key Highlights:

  • Bonus Ratio: 2 Bonus Shares for every 9 Equity Shares held by eligible public shareholders
  • Record Date: June 19, 2026
  • Approval: Special Resolution passed with overwhelming shareholder support through e-voting
  • Objective: Achievement of the prescribed 25% Minimum Public Shareholding requirement
  • Promoter Participation: Promoter and promoter group have voluntarily waived their entitlement to the bonus issue
  • Beneficiaries: Eligible public shareholders of the Company

About String Metaverse Limited:

String Metaverse Limited is a global technology and digital infrastructure company focused on AI economies, agentic infrastructure, digital assets, Web3 ecosystems, gaming platforms, algorithmic finance, and next-generation financial infrastructure. The Company operates across India, Hong Kong, Singapore, UAE, and Canada through its expanding portfolio of technology-driven businesses and digital platforms.

Forward-Looking Statement:

Certain statements contained in this release may constitute forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. String Metaverse Limited undertakes no obligation to publicly update any forward-looking statements except as required under applicable law.

Families Are Discovering a Safer Way to Sell Old Pure Silver Zardosi Items Through OLDZARI.COM

Families Are Discovering a Safer Way to Sell Old Pure Silver Zardosi Items Through OLDZARI.COM

New Delhi [India], June 4: Across India, countless families preserve old zardosi garments and heirloom textiles with great care. Bridal blouses, wedding lehengas, vintage costumes, decorative fabrics, and traditional ceremonial pieces often remain stored away for decades, carrying both sentimental and cultural value.

In cities like Delhi, Mumbai, Kolkata, and Chennai, many families are now realizing that older zardosi work may still hold significant financial value due to the genuine silver content traditionally used in handcrafted embroidery.

However, identifying authentic silver zardosi and finding a trustworthy buyer has long remained a challenge.

Many local buyers lack the expertise required to properly evaluate traditional silver work. Customers are often hesitant to travel with valuable heirloom pieces, negotiate uncertain pricing, or rely on unclear assessment methods. This has created growing demand for reliable and transparent evaluation services.

That is where OLDZARI.COM has emerged as a trusted solution for families looking to sell old pure silver zardosi items safely and conveniently.

How to Identify Genuine Pure Silver Zardosi

Authentic silver zardosi possesses several distinct characteristics that help separate it from synthetic or silver-plated alternatives.

One of the most noticeable signs is natural tarnishing. Genuine silver develops a darker oxidized appearance over time due to exposure to air and sulfur compounds. This natural patina is often an indicator of authenticity, whereas imitation materials tend to retain an artificial shine or reveal base metals as surface coatings wear away.

Weight is another important factor. Traditional silver zardosi embroidery feels noticeably heavier because of the density of real silver used in the threads. Compared to modern machine-made embroidery, authentic pieces often carry a richer and more substantial texture.

The thread structure itself can also provide clues. Traditional zardosi craftsmanship typically involves fine silver wire wrapped around a silk or cotton core, a method rarely found in synthetic reproductions.

Why Families Across India Trust OLDZARI.COM

OLDZARI.COM simplifies the entire selling process through a customer-friendly approach designed for convenience and transparency. Families can begin the process online from the comfort of their homes, while the team provides guidance throughout the evaluation and selling journey.

Over the years, the platform has earned the trust of more than 15,000 families across India through transparent communication, fair evaluation practices, and professional service. Customers appreciate working with specialists who understand the craftsmanship and heritage associated with traditional zari and silver work textiles.

From old silk sarees and bridal garments to pure silver zardosi fabrics and heirloom textile collections, the platform helps families sell valuable pieces with confidence and peace of mind.