iStreet Network Limited Receives Regulation 40(9) Audit Certificate for FY26

1 min read     Updated on 30 Apr 2026, 01:50 AM
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Reviewed by
Riya DScanX News Team
AI Summary

iStreet Network Limited received its Regulation 40(9) audit certificate for FY26 from practicing company secretary Ms. Neha Poddar on April 29, 2026. The certificate confirms compliance with share transfer and transmission requirements for the period April 1, 2025 to March 31, 2026, with all certificates issued within the mandatory thirty-day timeframe except technical rejections.

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iStreet Network Limited has obtained its mandatory audit certificate under Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the financial year ended March 2026. The certificate was issued by Ms. Neha Poddar, a practicing company secretary, and submitted to BSE Limited on April 29, 2026.

Regulatory Compliance Certificate

The audit certificate covers the period from April 1, 2025 to March 31, 2026 and examines all share transfer forms, memorandum of transfers, registers, files and other documents maintained by Adroit Corporate Services Private Limited, the company's registrar and transfer agent.

Compliance Parameter: Status
Share Transmission Requests: Processed within 30 days
Duplicate Certificate Requests: Issued within 30 days
Technical Rejections: Excluded from timeline
Split/Consolidation Requests: No requests received

Key Certification Points

Ms. Neha Poddar's certification confirms two critical compliance areas:

  • Share Transmission: All requests for transmission of shares received during FY26 were processed and share certificates issued within thirty days from the respective date of lodgment, except those rejected on technical grounds.
  • Duplicate Certificates: All requests for duplicate share certificates for converting physical shares to demat form were processed within the mandatory thirty-day period, excluding technical rejections.

Additional Observations

The audit revealed no requests relating to split, consolidation of shares, or exchange or endorsement of calls/allotment monies during the examined period. This indicates minimal corporate action activity during FY26.

Certificate Details

Parameter: Details
Certifying Authority: Ms. Neha Poddar
Membership Number: A33026
Certificate of Practice: 12190
UDIN Number: A033026H000237494
Issue Date: April 29, 2026
Issue Location: Kolkata

The certificate demonstrates iStreet Network Limited's adherence to SEBI's regulatory framework for share transfer operations and maintains its compliance status with listing obligations.

Historical Stock Returns for iStreet Network

1 Day5 Days1 Month6 Months1 Year5 Years
+0.16%+4.56%+31.56%-10.38%+980.81%+4,021.14%

Will iStreet Network's minimal corporate action activity in FY26 signal a shift toward more aggressive growth strategies in the upcoming fiscal year?

How might SEBI's evolving regulatory framework impact share transfer compliance requirements for listed companies like iStreet Network in FY27?

Could the company's consistent compliance record position it favorably for potential institutional investor interest or rating upgrades?

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
+0.16%+4.56%+31.56%-10.38%+980.81%+4,021.14%

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?

More News on iStreet Network

1 Year Returns:+980.81%