Key Dates
- Cut-off Date for Shareholder Eligibility: Friday, 24th July 2026
- E-voting Commencement: Saturday, 1st August 2026 at 09:00 AM IST
- E-voting Conclusion: Sunday, 30th August 2026 at 05:00 PM IST
- Result Deemed Date: Sunday, 30th August 2026 (if resolutions are passed)
Resolution Details
The postal ballot contains one special resolution:
Item No. 1: To Approve the Appointment of Shri. Sethurathnam Ravi (DIN: 00009790) as a Non-Executive & Non-Independent Director and Chairman of the Company.
- Dr. Sethurathnam Ravi was initially appointed as an Additional Director in the category of Non-Executive, Non-Independent Director by the Board of Directors on 2nd June 2026
- The Board also appointed him as Chairman of the Company effective from 2nd June 2026
- Shareholder approval is required pursuant to Section 152 of the Companies Act, 2013 and Regulation 17(1C) of SEBI Listing Regulations
- His appointment is liable to retirement by rotation
Professional Background of Appointee
- Age: 67 years
- DIN: 00009790
- Educational Qualification: Fellow Chartered Accountant, Doctorate in Finance and Commerce, Diploma in Information Systems Audit (DISA), Registered Insolvency Resolution Professional, Associate Member of Association of Certified Fraud Examiners (USA)
- Expertise: Accounting, auditing, taxation, finance, corporate governance, legal and regulatory matters, business valuation, forensic investigation, insolvency resolution, corporate restructuring, risk management and strategic advisory
- Former Chairman of BSE Limited
- Founder of Ravi Rajan & Co. LLP (chartered accountancy and advisory firm)
- Currently holds directorships in multiple companies including 360 One Asset Management Ltd, Aditya Birla ARC Ltd, Dalmia Cement (Bharat) Ltd, Granules India Ltd, PCBL Chemical Ltd, Tourism Finance Corporation of India Ltd, and Usha Martin Limited
- Shareholding in String Metaverse Limited: NIL
- Not related to any other Director, Manager or Key Managerial Personnel of the Company
Voting Arrangements
- The company has engaged Central Depository Services (India) Limited (CDSL) to provide remote e-voting facility
- Voting rights are proportional to shareholding as on cut-off date (24th July 2026)
- Physical shareholders must register email addresses with the company
- Demat shareholders should update contact details with their Depository Participants
- The scrutinizer for the voting process is M/s Balaramakrishna & Associates, Practising Company Secretaries, Hyderabad (FCS No. 8168 and CP No. 22414)
Financial Impact
No direct financial impact disclosed. Dr. Ravi will be entitled to receive sitting fees for attending Board and Committee meetings within statutory limits.
Documentation Availability
All material documents referred to in the Postal Ballot Notice are available for electronic inspection from the date of circulation until the last date of remote e-voting upon request to cs@stringmetaverse.com
Result Announcement
The scrutinizer will submit a report to the Chairman, and results will be:
- Intimated to BSE Limited
- Uploaded on company website (www.stringmetaverse.com)
- Uploaded on CDSL website (www.evotingindia.com)