Spacenet Enterprises India Limited — Important, 20-04-2026: 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