iStreet Network Limited has announced a significant addition to its leadership team, appointing Bhargeshwar Banerji as an Additional Independent Director. This strategic move, aimed at strengthening the company's corporate governance, brings a wealth of experience in financial regulation and risk management to the board.

Key Appointment Details

Banerji's Impressive Background

Bhargeshwar Banerji brings over three decades of experience in the regulatory and financial sectors to iStreet Network. His career highlights include:

• Served as Chief General Manager at the Reserve Bank of India (RBI)
• Expertise in supervision and regulation of banks and NBFCs
• Key role in establishing the Risk Specialist Division at RBI
• Chaired the Technical Advisory Group for reviewing RBS and CAMELS rating models

Areas of Expertise

Banerji's core competencies include:

• Governance
• Cybersecurity and IT risk assessment
• Financial fraud risk management
• Regulatory compliance

Educational Qualifications

Strengthening Corporate Governance

The appointment of Banerji aligns with iStreet Network's commitment to enhancing its corporate governance structure. His extensive experience in financial regulation and risk management is expected to provide valuable insights to the company's board.

Regulatory Compliance

The company has confirmed that Banerji is not related to any promoters, members of the promoter group, or directors of iStreet Network. Additionally, he is not debarred from holding the office of director by any order of SEBI or any other authority.

This appointment, subject to shareholder approval at the upcoming annual general meeting, marks a significant step for iStreet Network in bolstering its leadership team with seasoned expertise in financial governance and regulatory matters.

iStreet Network Limited has recently made significant announcements regarding its financial performance and board composition. The company's Board of Directors convened on October 17, 2025, to discuss and approve several key matters.

Financial Results Approval

The Board has approved the unaudited financial results for the quarter and half-year ended September 30, 2025. These results were accompanied by a Limited Review Report, ensuring compliance with regulatory standards. The financial statements were reviewed and approved in accordance with Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Composition Changes

In a notable development, the Board accepted the resignation of Ms. Khyati Nahar from her position as a non-executive non-independent director. This change in the board's composition may bring new perspectives to the company's governance structure.

Securities Allotment Committee Reconstitution

The company has also announced the reconstitution of its Securities Allotment Committee. The newly formed committee structure is as follows:

This reconstitution aligns key personnel with the company's securities allotment processes, potentially streamlining decision-making in this critical area.

Regulatory Compliance

iStreet Network has promptly informed the BSE Limited about these developments, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting, which commenced at 4:00 PM and concluded at 5:45 PM on October 17, 2025, addressed these important matters, demonstrating the company's commitment to transparent corporate governance.

As investors and stakeholders await the detailed financial results, these corporate actions signal iStreet Network's ongoing efforts to maintain regulatory compliance and adapt its leadership structure. The market will likely be keen to analyze the Q2 FY26 financial performance once the detailed results are made public.