String Metaverse Clears Rs 14.1 Billion Fundraising Plan Via Rights, QIP And Equity Routes

String Metaverse Ltd has approved a multi-pronged fundraising strategy totaling Rs 14.1 billion. The plan includes a Rs 600 million rights issue, Rs 4.5 billion via qualified institutional placement (QIP), and up to Rs 9 billion through equity or convertible securities, aimed at strengthening its Web3 infrastructure and growth initiatives.

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