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String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/
About Us

String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/
Press Release

String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/
Desserts

String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/
Life Style

String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/
Funding and Investment

String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/
Contact Us

String Metaverse Ltd, a leading Web 3.0 technology company listed on the Bombay Stock Exchange (BSE Symbol: BGPL, Code: 534535), is pleased to announce the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors.

The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%.

A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs1.79 crore shares, showcasing strong investor confidence and support. The company successfully raised Rs49.25 crore through the issue. Rights Issue was oversubscribed up to Rs100 crore, highlighting the robust demand from the public shareholders.

In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio green Papers Ltd to String Metaverse Ltd.

Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.

String Metaverse Ltd remains committed to creating long-term value for its shareholders and spearheading innovation in the Web 3.0 space.

For media queries, please contact:

Name : M.Chowda Reddy

Designation : Company Secretary & Compliance Officer

Email: cs@stringmetaverse.com

Phone: +91-40-29390760

Website: http://www.stringmetaverse.com/

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Category: Press Release

String Metaverse Ltd (BSE: 534535 | Symbol: BGPL) Rights Issue Overwhelmingly Oversubscribed, Raises Rs49.25 Crore

Researcher Unveils Simplest Method for Measuring Bio-Electricity in Rudraksha

IAS Gurukul Sociology Optional by Pranay Aggarwal Programme Delivers Outstanding Results in UPSC CSE 2024

14th Degree Azimuth Advisory Releases AI-Focused GCC Report in Bangalore

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Popular Post

Strides Software Solutions Completes Primary and Secondary Fundraise, Welcomes New Investors (193)

How Startups Can Secure Seed Funding in 2025 (129)

From OYO to alt.f coworking: The Founders of Turning One Building into a Revenue-Generating Engine, Meet Ritesh Agrawal on Shark Tank (123)

Talbiya Umrah Pvt. Ltd. | India’s Top Hajj and Umrah Company (112)

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