Bio Green Papers Ltd - Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On 22Nd June 2024

Bio Green Papers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/06/2024 ,inter alia, to consider and approve A meeting of the Board of Directors of the Company is to be held on Saturday, 22.06.2024, at 6:00 P.M. at the registered office of the Company, to consider and approve, interalia along with the other business items, the following: 1. Extinguishment of entire share capital held by (erstwhile) promoter and promoter group without any payout. 2. Reduction/cancellation of 95% share capital held by public shareholders of the Company as on the record date without payment of any consideration 3. Allotment of 50,00,000 (Fifty Lakh) equity shares of the Company of INR 10/- (Rupees Ten) each to Resolution applicant against the funds infused by him in the Company pursuant to the approved resolution plan. 4. Allotment of 6 (Six) equity shares of the Company of INR 10/- (Ten) each for every 10 (Ten) Equity share of INR 1/- (One) held the shareholders of M/s. String Metaverse Limited ('Transferor Company') pursuant to merger of transferor company with M/s. Bio Green Papers Limited.