iStreet Network Limited receives BSE trading approval for 4.51 crore equity shares allotted on preferential basis

1 min read     Updated on 29 Apr 2026, 07:34 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

iStreet Network Limited has secured trading approval from BSE Limited for 4,51,66,668 equity shares allotted on a preferential basis to both promoter and non-promoter categories. The shares, valued at Rs. 4 each with a premium of Rs. 2, will be listed and available for trading effective from April 29, 2026. The approval was communicated through letter LOD/PREF/SV/242/2026-2027 dated April 28, 2026, under Regulation 30 of SEBI regulations.

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istreet network has received trading approval from BSE Limited for 4,51,66,668 equity shares allotted on a preferential basis to promoter and non-promoter categories. The approval was conveyed through letter LOD/PREF/SV/242/2026-2027 dated April 28, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Trading Details

The approved equity shares carry a face value of Rs. 4 each and were issued at a premium of Rs. 2 per share. These shares bear distinctive numbers ranging from 21300001 to 66466668. BSE Limited has confirmed that the securities will be listed on the exchange effective from Wednesday, April 29, 2026.

Key Information

Particulars Details
Total equity shares approved 4,51,66,668
Face value per share Rs. 4
Premium per share Rs. 2
Distinctive number range 21300001 to 66466668
Trading commencement date April 29, 2026
BSE approval letter LOD/PREF/SV/242/2026-2027
BSE Notice reference 20260428-15

The intimation was signed by Pratibha Ranka, Company Secretary and Compliance Officer of iStreet Network Limited. The BSE confirmation was issued by Deputy Vice President Janardhan Wagle and Deputy Manager Dhananjay Apte. The exchange has issued Notice No. 20260428-15 dated April 28, 2026, to trading members regarding the listing of these securities.

Historical Stock Returns for iStreet Network

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%0.0%0.0%0.0%0.0%+2,692.35%

What strategic initiatives will iStreet Network pursue with the capital raised from this Rs. 27.1 crore preferential allotment?

How might the dilution from 4.5 crore new shares impact existing shareholders' voting power and future dividend distributions?

Will the company consider additional fundraising rounds given the relatively low issue price of Rs. 6 per share?

iStreet Network Limited Issues Duplicate Share Certificates for Three Shareholders

1 min read     Updated on 17 Apr 2026, 05:15 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

iStreet Network Limited has completed issuing duplicate share certificates for three shareholders totaling 800 shares on April 17, 2026. The process was conducted under SEBI LODR Regulations, with certificates issued to D.Manjanatha Gowda (300 shares), Chetna Paresh Shah (100 shares), and Vishwanath Tikekar (400 shares). The company has informed BSE Limited about this regulatory compliance and will issue confirmation letters after completing further processes.

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iStreet Network Limited has completed the regulatory process for issuing duplicate share certificates to three shareholders, totaling 800 shares. The company informed BSE Limited about this development on April 17, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance Process

The duplicate share certificate issuance was completed under Regulation 39(3) of SEBI LODR Regulations and SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022. The company has indicated that confirmation letters will be issued after completing further required processes.

Share Certificate Details

The duplicate certificates were issued for the following shareholders:

Folio No. Shareholder Name Old Cert. No. Distinctive Nos. (From-To) No. of Shares New Cert. No.
D000527 D.Manjanatha Gowda 30687 – 30689 3068401 – 3068700 300 66149
C000647 Chetna Paresh Shah 29985 2998201 – 2998300 100 66150
V000978 Vishwanath Tikekar 59603 – 59606 5960001 – 5960400 400 66151

Corporate Communication

The intimation was signed by Pratibha Ranka, Company Secretary and Compliance Officer of iStreet Network Limited. The company maintains its registered office at Unit No. A-2, 2nd Floor, D J House, Old Nagardas Road, Andheri East, Mumbai - 400069. The company operates under the Corporate Identity Number L62013MH1986PLC040232, indicating its incorporation in Maharashtra in 1986.

Market Information

The communication was addressed to the Department of Corporate Services at BSE Limited, where iStreet Network Limited trades under scrip code 524622. This regulatory filing ensures transparency and compliance with stock exchange requirements for share certificate-related corporate actions.

Historical Stock Returns for iStreet Network

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%0.0%0.0%0.0%0.0%+2,692.35%

What underlying factors might have caused three shareholders to simultaneously lose their original share certificates?

Could this duplicate certificate issuance indicate potential changes in the company's shareholder base or upcoming corporate restructuring?

How might the administrative costs and processes for duplicate certificate issuance impact iStreet Network's operational efficiency going forward?

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1 Year Returns:0.00%