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String Metaverse Limited confirms proceeds usage aligns with BSE Limited filing
11-Aug-2026, 06:26
String Metaverse Limited, formerly known as Bio Green Papers Limited, reported no deviation or variation in the utilization of proceeds from its rights issue for the quarter ended June 30, 2026, according to a filing with the BSE Limited. The company, which raised Rs 4925.15 lakh through a rights issue on May 5, 2025, noted that an amount of Rs 300.10 lakh was reallocated from issue-related expenses to general corporate purposes, remaining within the permissible limit outlined in the Letter of Offer.
String Metaverse Limited, formerly known as Bio Green Papers Limited, reported no deviation or variation in the utilization of proceeds from its rights issue for the quarter ended June 30, 2026, according to a filing with the BSE Limited. The company, which raised Rs 4925.15 lakh through a rights issue on May 5, 2025, noted that an amount of Rs 300.10 lakh was reallocated from issue-related expenses to general corporate purposes, remaining within the permissible limit outlined in the Letter of Offer.