String Metaverse Share Price: A stock, engaged in IT-enabled services, under Rs 10, is set to trade ex-date for a bonus issue. The stock enjoys a market cap of Rs 1,131.72 crore, as of June 17, 2026, on the BSE.
The stock in discussion is String Metaverse Ltd. The shares of String Metaverse are currently trading at Rs 9.72, up Rs 0.02 or 0.21 per cent from the previous close of Rs 9.70, on the BSE at the time of filing this report.
Created with AI. Errors are possibleString Metaverse Bonus Issue Record Date
The company has fixed June 19, 2026 as the Record Date for determining the eligibility of public shareholders
entitled to receive the bonus shares.
String Metaverse Bonus Issue Ratio: 2 additional shares for 9 held
Under the bonus issue, shareholders will receive 2 additional equity shares for every 9 shares held on the record date, which is June 19, 2026.
String Metaverse Bonus Issue Eligibility
As per the T+1 settlement, investors who buy the shares of String Metaverse today, June 18, will likely have them credited to their demat accounts by tomorrow, Friday, June 19, making them eligible for the bonus issue.
However, investors who buy the shares of the String Metaverse on or after Friday, June 19, will not be eligible for the bonus issue because these shares will not be credited to their accounts by the record date, as per SEBI’s T+1 settlement.
Bonus shares are issued free of cost and are credited to investors’ demat accounts after the completion of the corporate action process.
String Metaverse Bonus Issue: How will the bonus issue work?
For instance, if an investor holds 100 shares of String Metaverse Ltd as of the record date, June 19:
Existing shares held: 100
Bonus ratio: 2 bonus shares for every 9 shares
Bonus shares entitlement: 100 × (2/9) = 22.22 shares
This means investor who own 100 shares of String Metaverse will have 122 shares in their demat account after the bonus issue.
A bonus issue increases the number of outstanding shares while reducing the share price proportionately, leaving the overall value of the investor’s holding broadly unchanged immediately after the allotment, subject to market movements.
String Metaverse Bonus Issue 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.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
