String Metaverse Reports No Rights Issue Fund Deviation Q1 2026
Fundraising / Financing
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
11th Aug 2026
Key Quantitative Figures
- Rights Issue Date: May 5, 2025
- Total Amount Raised: ₹49.25 crore (₹4,925.15 lakhs)
- Reporting Quarter Ended: June 30, 2026
- Monitoring Agency: Not Applicable
Fund Utilization Details
Capital Expenditure for Overseas Subsidiaries Investment
- Original Allocation: ₹36.68 lakhs
- Funds Utilized: ₹36.68 lakhs
- Unutilized Funds: NIL
- Deviation/Variation: NIL (No deviation)
General Corporate Purpose
- Original Allocation: ₹9.17 lakhs
- Modification: ₹3.00 lakhs reallocated from Issue-Related Expenses to General Corporate Purpose
- Total Funds Utilized: ₹12.17 lakhs
- Unutilized Funds: NIL
- Deviation/Variation: NIL (No deviation)
- Remarks: The reallocation remains within permissible limit of 25% of total Rights Issue proceeds as specified in Letter of Offer
Issue-Related Expenses
- Original Allocation: ₹3.40 lakhs
- Funds Utilized: ₹0.16 lakhs
- Unutilized Funds: ₹0.24 lakhs
- Deviation/Variation: NIL (No deviation)
Signatories and Authentication
- Company Secretary & Compliance Officer: M. Chowda Reddy (digitally signed on August 11, 2026 at 16:40:20 +05:30)
- Chief Financial Officer: Hemant Prabhudas Vastani (digitally signed on August 11, 2026 at 16:41:39 +05:30)
- Place of Signing: Hyderabad