Disclosure of material issue
Spacenet Enterprises has announced an Offer for Sale (OFS) for up to 0.3 Cr equity shares of String Metaverse Ltd. 🚀 **The Issue:** Spacenet Enterprises, part of the promoter group, is offloading 2.58% of String Metaverse's total issued equity capital to meet Minimum Public Shareholding (MPS) compliance requirements. **Company's Response:** The OFS will be conducted through the stock exchange mechanism and is expected to be completed by April 22, 2026. **Possible Impact:** This move is a regulatory compliance exercise, which will increase the public float of String Metaverse shares, potentially enhancing liquidity. #Spacenet #StringMetaverse #OFS #Compliance
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