iStreet Network reports ₹299.38 crore related party transactions in FY26
iStreet Network Limited disclosed related party transactions worth ₹299.38 crore for FY26. The transactions involved purchases from Indygen Labs Private Limited and Healtech Software India Private Limited, both sharing a common director relationship. The audit committee approved and ratified these transactions on May 29, 2026.

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iStreet network disclosed related party transactions totaling ₹299,383,347.3 for the financial year ended March 31, 2026, pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transactions primarily involved the purchase of goods or services from two entities sharing a common director relationship with the listed entity. The total value of these transactions was ratified by the audit committee on May 29, 2026.
The related party transactions were conducted with Indygen Labs Private Limited and Healtech Software India Private Limited. Both counterparties share a common director relationship with iStreet Network Limited. The aggregate value of transactions with these parties during the reporting period amounted to ₹299,383,347.3.
The audit committee approved the transactions and subsequently ratified them during a meeting held on May 29, 2026. The table below details the individual transaction values, approved amounts, and the outstanding balances due to or from the parties as of the reporting date.
| Sr. No. | Name of Counterparty | Relationship | Type of Transaction | Value Approved by Audit Committee (₹) | Value Ratified by Audit Committee (₹) | Value During Reporting Period (₹) | Opening Balance (₹) | Closing Balance (₹) |
|---|---|---|---|---|---|---|---|---|
| 1 | Indygen Labs Private Limited | Common Director | Purchase of goods or services | 252,350,521.00 | 252,350,521.00 | 252,350,521.00 | 22,300,000.40 | 154,828,000.00 |
| 2 | Healtech Software India Private Limited | Common Director | Purchase of goods or services | 47,032,826.34 | 179,748,913.00 | 47,032,826.34 | 147,096,000.00 | 47,032,826.34 |
| Total | 299,383,347.3 | 299,383,347.3 |
The disclosure was submitted to BSE Limited on May 30, 2026, by Pratibha Ranka, Company Secretary and Compliance Officer of iStreet Network Limited. The filing provides details of the transactions for the information and records of the stock exchange.
Historical Stock Returns for iStreet Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.10% | +1.79% | -6.79% | +5.39% | +814.63% | +1,664.71% |
How will the significant outstanding balance of ₹154.8 million due to Indygen Labs impact iStreet Network's cash flow and liquidity in the upcoming fiscal year?
Does the substantial variance between the approved and ratified amounts for Healtech Software indicate potential changes in transaction scope or pricing adjustments?
Will iStreet Network seek to diversify its vendor base to reduce reliance on entities with common director relationships?


































