String Metaverse Approves ₹73.63 Crore Preferential Issue For 8.32 Crore Shares

Board approved preferential issue of 8.32Cr shares at Rs8.85 aggregating Rs73.63Cr to 21 non-promoters, subject to EGM on 15 Oct 2026. First priced tranche under the pending large fundraise plan; continues recurring equity-market activity and starts resolving pricing, investor mix and dilution overhang. Adds dilution with one investor taking bulk; use of funds, valuation rationale and funding of balance not disclosed; subject to EGM and regulatory approvals.