String Metaverse MD, chairman, board of directors and AGM
BSE: 534535IT - ServicesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹6.81.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹795 Cr1,311th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Aug 2026
- 6.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 49.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- 34.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 25 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 7,49,384
String Metaverse board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorMEENAVALLI GANESH
- ChairpersonSethurathnam Ravi
- Company Secretary and Compliance OfficerM.CHOWDA REDDY
10 directors5 independent3 executive2 non-executive
- VIVEK KUMAR RATAKONDANon-executive · joined Jun 2024 · 1 listed board · 1 committee seat
- SARAT KUMAR MALIKIndependent · joined Jun 2024 · 25 months as independent · 3 listed boards · 3 as independent · 1 committee seat
- MEENAVALLI KRISHNA MOHANExecutive · joined May 2024 · 1 listed board
- MEENAVALLI GANESH · Managing directorExecutive · joined May 2024 · 1 listed board
- SAI SANTOSH ALTHURUExecutive · joined May 2024 · 1 listed board
- AMAR KUMARIndependent · joined Sep 2025 · reappointed Nov 2025 · 8 months as independent · 1 listed board
- DEENADAYAL TRIPURASETTYIndependent · joined Jul 2024 · 24 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- ANIMA RAJMOHAN NAIRIndependent · joined Sep 2024 · 22 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- PRATHIPATI PARTHASARATHIIndependent · joined Nov 2024 · 20 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- Sethurathnam Ravi · ChairpersonNon-executive · joined Jun 2026 · 1 month as independent · 6 listed boards · 4 as independent · 9 committee seats, 4 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
5 directors who left
- ROHIT REDDY SAMALA, left 16 Jun 2026: Others
- ARVIND JADHAV, left 2 Jun 2026: Others
- GHANSHYAM DASS, left 28 May 2026: Others
- HEMANT PRABHUDAS VASTANI, left 7 Sep 2025: Others
- NAGA ANUSHA VEGI, left 4 Aug 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 2 Jun 202610 of 11 present5 independent · 7 days in between
- 25 May 202611 of 12 present5 independent · 25 days in between
- 29 Apr 202611 of 12 present5 independent · 74 days in between
- 13 Feb 202612 of 12 present6 independent · 21 days in between
1 earlier meeting
- 22 Jan 202612 of 12 present6 independent
Audit Committee
Chair DEENADAYAL TRIPURASETTY
PRATHIPATI PARTHASARATHI, AMAR KUMAR
- 25 May 20263 of 4 present2 independent · 122 days in between
- 22 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair SARAT KUMAR MALIK
DEENADAYAL TRIPURASETTY, PRATHIPATI PARTHASARATHI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair DEENADAYAL TRIPURASETTY
VIVEK KUMAR RATAKONDA, PRATHIPATI PARTHASARATHI
No meeting listed in the filing.
Risk Management Committee
Chair DEENADAYAL TRIPURASETTY
PRATHIPATI PARTHASARATHI, ANIMA RAJMOHAN NAIR, MEENAVALLI GANESH
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Gorantla & coPeer-review certificate valid to Sep 2028
2 earlier auditors
- Gorantla & Co CANamed in the filing for the quarter to Jun 2025
- Gorantla & Co Chartered AccountantsNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
String Metaverse AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.String Metaverse share news and announcements
Extraordinary general meeting, 15 Oct 2026
24,746 shareholders on the register on 8 Oct 2026; present: 15 promoters and 57 others; votes counted by Balaramakrishna Desina / Balaramakrishna & Associates.The company's voting result (opens in a new tab)
- Issue of Equity Shares on Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.11% · promoters 82.08% · institutions 0.00% · other public 2.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2026, 8 resolutions
23,297 shareholders on the register on 18 Sep 2026; present: 11 promoters and 68 others; votes counted by Balaramakrishna Desina / Balaramakrishna & Associates.The company's voting result (opens in a new tab)
To Receive, Consider And Adopt (A) The Audited Financial Statement Of The Company For The Financial Year Ended March 31, 2026 And The Reports Of The Board Of Directors And Auditors Thereon; And (B) The Audited Consolidated Financial Statement Of The Company For The Financial Year Ended March 31, 2026 And The Report Of Auditors Thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- To appoint Mr. Meenavalli Krishna Mohan (DIN: 08243455), who retires by rotation as a Director and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- Approval For Raising of Funds Through One Or More Permissible ModesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- Approval under Sections 180(1)(C) and 180(1)(a) of the Companies Act, 2013 for Borrowing Monies in Excess of Limits and for Creation of Security on the Assets of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- Approval for Providing Loans, Guarantees, or Securities to Persons in Whom Directors Are Interested under Section 185(2) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- Approval for Making Investments, Loans, Guarantees, and Providing Securities Under Section 186 of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- Approval for Sale, Lease, Transfer or Other Disposal of Undertaking / Assets / Investments / Shareholding in Subsidiary Company(ies).Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 50.30% · promoters 65.64% · institutions 0.00% · other public 4.35%
- Approval of Material Related Party Transactions between String Metaverse Limited and its Related PartiesOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 21.77% · promoters 27.58% · institutions 0.00% · other public 4.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 Aug 2026, 1 resolution
17,070 shareholders on the register on 24 Jul 2026; votes counted by Balaramakrishna Desina / Balaramakrishna & Associates.The company's voting result (opens in a new tab)
- To Approve the Appointment of Shri Sethurathnam Ravi (DIN: 00009790) as a Non-Executive & Non-Independent Director and Chairman of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 50.53% · promoters 66.13% · institutions 0.00% · other public 3.85%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesMay 2025 | 49.25 | Capital Expenditure in the form of investments in overses subsidiaries | 36.68 | 17.18 | No |
| Rights IssuesMay 2025 | 49.25 | General Corporate Purpose | 9.17 | 7.68 | No |
| Rights IssuesMay 2025 | 49.25 | Estimated Issue Related Expences | 3.40 | 0.16 | No |