Penny stock String Metaverse Ltd has announced its first-ever bonus share issue for investors.
The company will offer 2 bonus shares for every 9 shares held, giving shareholders an opportunity to receive additional shares at no extra cost.
The company has also announced the record date for the bonus issue, and it is now getting closer. Notably, the stock is currently trading below ₹10.
Record Date Fixed for Bonus Shares
According to the company’s stock exchange filing, investors will receive 2 bonus shares for every 9 existing shares with a face value of Re 1 each.
The company has fixed June 19, 2026, as the record date for the bonus issue. Investors whose names appear in the company’s records on this date and who hold at least 9 shares (or multiples of 9 shares) will be eligible to receive the bonus shares.
Share Split Took Place Earlier This Year
Before announcing the bonus issue, String Metaverse had already carried out a stock split in April 2026.
During the split, each share was divided into 10 shares, reducing the face value from ₹10 per share to Re 1 per share. Stock splits are often used to improve liquidity and make shares more affordable for investors.
How Is the Stock Performing?
String Metaverse shares ended Friday’s trading session at ₹9.85 on the BSE, gaining 3.47% during the day.
However, the stock has faced significant pressure over the past year. It has fallen 56% in the last six months
and is down 36% over the past year. In comparison, the Sensex has delivered a return of 8.84% during the same period.
The company’s 52-week high stands at ₹32.44, while the 52-week low is ₹7.20. Its current market capitalization is around ₹1,146 crore.
Strong Long-Term Returns Despite Recent Decline
Although the stock has struggled recently, its long-term performance remains impressive.
According to BSE data, String Metaverse shares have surged 6,935% in the last three years and 4,182% over the past five years. Investors who held the stock for 10 years have received a massive 8,854% return.
Promoter Holding Declined Slightly
As per the shareholding pattern dated April 22, 2026, promoters hold 78.52% of the company, while public shareholders own 21.48%.
In the previous March quarter, promoter holding was 81.79%, while public shareholding stood at 18.21%.
Important Note for Investors
The information provided here is for informational purposes only and should not be considered investment advice.
Stock market investments are subject to market risks. Investors should consult a qualified financial advisor before making any investment decisions.
