String Metaverse Limited submitted a corrigendum to correct an inadvertent typographical error in its Board Meeting Outcome disclosure dated 17th September 2026, which was filed pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The correction specifically addresses the name of one proposed investor appearing at Serial No. 14 of the list of proposed allottees for the preferential issue of equity shares:
- Incorrect name mentioned: Krishna Commodities & Derivatives Pvt Ltd
- Correct name: Karishma Commodities and Derivatives Private Limited
The company emphasizes that this error was purely typographical and inadvertent in nature, and is limited solely to the name of the proposed investor. All other particulars of this investor remain unchanged:
- Category: Non-Promoter
- Number of equity shares proposed to be allotted: 3,38,983
- Pre-issue shareholding: NIL
- Post-issue shareholding: 3,38,983
The corrigendum confirms that there is no change in:
- The identity of the proposed investor
- Number of equity shares proposed to be allotted
- Issue price
- Issue size
- Category classification
- Shareholding particulars
- Objects of the issue
- Proposed utilization of proceeds
- Any other terms of the preferential issue approved by the Board of Directors
The complete corrected list of 21 proposed allottees shows a total preferential issue of 8,32,03,383 equity shares, increasing the total share capital from 1,28,333 shares to 8,33,31,716 shares post-issue.
The largest allottees include:
- Altius Global Finance Private Limited: 5,42,37,288 shares
- Kamal Jagdish Gupta: 5,00,000 shares
- Sonal Kamal Gupta: 5,00,000 shares
- Hello Money Advisors LLP: 4,03,9,548 shares
- R R Food Import LLP: 2,90,9,604 shares
The Board Meeting Outcome dated 17 September 2026 should be read in conjunction with this corrigendum. All other information and disclosures contained in the original filing remain unchanged.